Hunting for elfs - $ELF BTC - 82% gain 1:12 risk/rewards
If you follow my trades, you should know by now that I love second wave retrace entries and this trade is no exception. We have a first wave that did 320% in 44 days and a second wave retrace of almost .618 of the first.
Currently we have a second wave retrace of a wave that is 2 levels down as we work on the first wave of the third wave.
Entries: .00014500
Stop below .00013500
Target: .00026500, take half profit at .00023, reenter at .0002, take rest of profits above .00024
Found this idea to be entertaining or absolute garbage? Feel free to let me know with a like or comment. As always, good luck and stay safe!
Kinashi-San
*The ideas and comments expressed herein are my personal opinions and should not be taken as financial advice. Being a trader, at any given point in time, I may or may not be holding the asset in question. This is not a recommendation to buy, sell, or hold.*
Currently we have a second wave retrace of a wave that is 2 levels down as we work on the first wave of the third wave.
Entries: .00014500
Stop below .00013500
Target: .00026500, take half profit at .00023, reenter at .0002, take rest of profits above .00024
Found this idea to be entertaining or absolute garbage? Feel free to let me know with a like or comment. As always, good luck and stay safe!
Kinashi-San
*The ideas and comments expressed herein are my personal opinions and should not be taken as financial advice. Being a trader, at any given point in time, I may or may not be holding the asset in question. This is not a recommendation to buy, sell, or hold.*
Comment:
The best trades are always the one where you get stopped out so quick that it frees up capital for the next trade instead of being in a stalemate for the longest time. On to the next one.