MSNEAD1992

CPC short term trade

Long
BITTREX:CPCBTC   CPChain / Bitcoin
This coin is on a great run. over 130% profit from waves 1 and 3 alone. i am reopening for wave 5. targets are strictly Fibonacci based, so take them with a grain of salt. the falling blue line is a strong resistance coming from the day chart so the first target might be more realistic.

open 13,500-14,500
take profit at 20k, 24k, and 26k,

I've been experimenting with closing trades when RSI exceeds 80% on the 1h chart with good results. i''ll probably close on the target that meets that criteria.

I'd love to hear some feedback.

Comments

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