Here is a great trade. That is looking very bullish . This is kind of what you want to see in a trade. I personally will be playing this 1:1. I don't reccomend trading on a margin with this coin because it goes sidewase allot. So 1:1 is your safest option.
In my opinion, you should set your buy-in, target, and stop losses like so:
Buy-in: The Purple Line Target: 0.0048070 UNLESS the trend line is signifiancly broken. StopLoss: Below the trend line
When you say you will be playing this 1:1 - what does that mean?
StopLoss123
⋅
@Wetdog544, It means don't borrow money to do this. Because when you trade on a margin you have to pay interest. And it is usually daily, sense there are so many days that this coin goes sideways it is best not to have to pay interest on those days where profits are slim. You are probably making the owner of the platform happy. But you don't make any money.
b2020d
⋅
after reaching target point 1, if i sell all the etc, then re buy it at a lower price, what price would be better as a rebuy point?
StopLoss123
⋅
@bdavletov, Well The "re-buy in at a lower price" part is hard to do. Because you can't tell how far it will go. You can only confirm when it is going to change directions. 90% of the time you can tell 24 hours in advance, which way it is going to go. Beyond that 24hours, You can't. So don't let anybody tell you that Bitcoin will reach $100,000. Because they don't know. And I want to block people who think they can tell you. You can guesstimate, but you can't know for sure. So you have to take it as it comes.
Hayua
⋅
@StopLoss123, anybody listening to you has a 50% chance of making it. Obviously, you're using the same principles as card readers and likewise charlatans. "90% of the time you can tell 24 hours in advance, bla bla bla...". Where do you get your info? Is it going to rain tonight?