Hey guys ...
Normally u cant say "pretty save" in cryptoworld. Never seen something so volatile.
But ... with good riskmanagment u can make trades nearly riskless ... and here we got one of these.
As u can see, we got a massive Support area around 0.0000040 BTC. There is also our 78% Fib retracement level what makes it even stronger.
We can buy there, and choose a near stoploss ... like 36 for example.
So we can lower our risk.... it depends on where we buy ... to 10-20% (my opinion: we will see 42. There i want to get in the trade)
We had a massive drop since January, like almost every alt.
Now it seems that there could be a nice cup formed within the last few month. That would mean we could see 80 or even 100+.
So we have a chance/risk ratio of 5+.
Riskless? no. But ... a trade i dont want to miss.
Happy trading!
!! Mention: That is my personal opinion, no trading advice. Its your money, your trade, your risk and your responsibility.
Normally u cant say "pretty save" in cryptoworld. Never seen something so volatile.
But ... with good riskmanagment u can make trades nearly riskless ... and here we got one of these.
As u can see, we got a massive Support area around 0.0000040 BTC. There is also our 78% Fib retracement level what makes it even stronger.
We can buy there, and choose a near stoploss ... like 36 for example.
So we can lower our risk.... it depends on where we buy ... to 10-20% (my opinion: we will see 42. There i want to get in the trade)
We had a massive drop since January, like almost every alt.
Now it seems that there could be a nice cup formed within the last few month. That would mean we could see 80 or even 100+.
So we have a chance/risk ratio of 5+.
Riskless? no. But ... a trade i dont want to miss.
Happy trading!
!! Mention: That is my personal opinion, no trading advice. Its your money, your trade, your risk and your responsibility.
Trade active:
Buytarget reached ... let's see where we how far we go.
sky is the limit :P
sky is the limit :P