Gifto hit the target of inverted Head and Shoulders from my previous idea.👇 Now I have a new setup for ya: Price broke up this triangle📐 and I think there is chance for run to 0.188 and even higher. Setting BUY LIMIT order to catch the pullback. GTO just give it to me!🎁
ENTRY: local high @ 0.06836
SL: local low @ 0.0296
TARGET: height of the triangle projected from midpoint of the local range (BUY LIMIT - SL) @ 0.188
RRR: 3.1
INVALIDATION: when SL level hit
Check my other stuff in related ideas.
Please like👍, comment🗣️, follow me✒️, enjoy📺!
⚠️Disclaimer: I'm not financial advisor. This is not a financial advice. Do your own due dilingence.
I bought it at 0.059 two days ago.Now the price is 0.055,. What I do Sir hold or sell,I m new in crypto.
bizmark
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@sanjeevbainsla2, welcome to crypto - the world of extreme volatility.😉 The setup says that price should go to 0.188 ultimately and this analysis is valid until SL level is breached.
BabakZmn
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are you sure that about this idea? i spend hole of my mony to bought this coin at 0.112 😐
bizmark
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@BabakZmn, there are no certainties in the trading, it's just game of probabilities. For me it's all about high RRR (Reward Risk Ratio) so I'm profitable even with lower win rate. Also I never go all-in on one trading instrument - diversification is the key.
vkradio1981
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Hello/ What you say for token .How you see this token.
bizmark
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@vkradio1981, not sure I understand your question. If you are asking about GTO then my view is expressed on top of this page.🔝
vkradio1981
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@bizmark, sory t9 i ask token iotx . What you say?
bizmark
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@vkradio1981, seems to be consolidating before next leg up. The consolidation still can take some time to finish.