Good morning Europe and Good afternoon Asia (and Good night to the Americas)
Sharing a Long on the DEFIPERP Indices on FTX. This index also exists on Binance but I'm used to trading the FTX one
It's a weighted sum index of the DeFi crypto tokens. Very easy to trade because the movements are slower compared to individual DeFi tokens displaying sometimes -/+ 90% in a single day
Setup
Entry: In the purple box
This trade is a bit risky and isn't completely bullish just yet. Though, the setup looks interesting - that's why I enter cautiously with a pullback
Take Profit: Aiming a bit before the Daily Traditional Pivot R1
Cheers
Daveatt
Sharing a Long on the DEFIPERP Indices on FTX. This index also exists on Binance but I'm used to trading the FTX one
It's a weighted sum index of the DeFi crypto tokens. Very easy to trade because the movements are slower compared to individual DeFi tokens displaying sometimes -/+ 90% in a single day
Setup
Entry: In the purple box
This trade is a bit risky and isn't completely bullish just yet. Though, the setup looks interesting - that's why I enter cautiously with a pullback
Take Profit: Aiming a bit before the Daily Traditional Pivot R1
Cheers
Daveatt
Trade active:
Reducing the position size
Trade not invalidated yet but not going in the right direction
Trade not invalidated yet but not going in the right direction
Trade closed: stop reached:
Hard exited with a 30 USD loss
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📧 dave@best-trading-indicator
Telegram: Daveatt
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⭐️ Listed as TradingView Trusted Pine Programmer
📧 dave@best-trading-indicator
Telegram: Daveatt
⏩ Course: best-trading-indicator.com
Twitter: twitter.com/bti_trading