GOBTC Opportunity for 264% Potential profit Long

Description

⋅ Jul 20, 2020 9:03 AM

GOBTC has broken large downtrend resistance line and the beginning of an upward trend is expected.

GOBTC is currently trading at 130 sat and is sitting on a strong support level.

20, 50, 100 EMAs also act as dynamic supports too.

Entry: Green zone

T1: 198 sat (52%)
T2: 284 sat (120%)
T3: 473 sat (264%)

Stop loss: Personally i dont use stop loss for this one as i keep it for long term

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Comments

JVJ

⋅ Jul 30, 2020 7:08 PM

Trade still active?

Vrnss

⋅ Jul 31, 2020 4:12 AM

@JVJ, Currently market is too risky because everything depends on Bitcoin movement. If BTC moves upwards, altcoins move downwards.

kashvyom

⋅ Jul 27, 2020 12:42 PM

Hi with all alt coins bleeding, do you think this set-up is still valid..

Vrnss

⋅ Jul 27, 2020 4:40 PM

@kashvyom, Hi there. With all this bleeding happening due to btc uptrend, no TA is valid. This is crypto world. Personally, i hold GOBTC for the long run so i am still on the trade. But if you are a short term trader, you should probably exit, and wait for other opportunities

kashvyom

⋅ Jul 28, 2020 5:56 AM

@Vrnss, Thanks for your reply... I like your TA's.. Please keep them coming

Kudiiee

⋅ Jul 23, 2020 2:17 AM

good call mate! appreciate the trade call!