CryptoTherapist

EOS-BTC Long Trade Plan

Long
BINANCE:EOSBTC   EOS / Bitcoin
Commodity : EOS
Trade Type : LONG
Trading Against : BITCOIN
Exchange : BINANCE and BITMEX

Entries : Double-UP Entries throughout both the Buy Zones
Profit Taking : 25% at each TP point.
Profit Locking : Move SL to break even once TP1 is hit, to TP1 once TP2 hits, to TP2 once TP3 hits and so on
Duration - 2-8 weeks

Leveraged Trade
Investment in trade : 3% of the total Trading Balance.
Leverage : 3x
Prospective Profit : 63% to 237%
Prospective Loss : 30%
RRR : Between 2 and 7.34 depending on TPs

Non - Leveraged Trade
Investment in trade : 5% of the total Trading Balance.
Prospective Profit : 21% to 79%
Prospective Loss : 10%
RRR : Between 2 and 7.34 depending on TPs

Buy Zone/TPs/SL price points are marked in the chart as follows
Greens - Profit Targets (TPs)
Blue - Buy Zone (Entries)
Red - Stop Loss (SL)

Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.