TradingView
leshacat
May 11, 2018 7:44 PM

Channel still open... More money to be made! Long

IOST / BitcoinBinance

Description

Hey TradingView!

IOST has fallen back into its channel, and triggered the first buy in zone. If you can get in again near 700 or less, you can make decent profit if you sell above 800 sats :) I may try leverage if it does fall back into the buy zone again which is entirely possible considering we are finding resistance at 740 sats.

If it keeps pinging between these areas, you may be able to make the same trade over and over until it comes out of it's channel again :) This is what I was doing, and will continue to do as long as I suspect it will come back down :)

Please be careful when trading :) Do not take my advice as professional advice. Invest at your own risk!

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I sold out at barely any profit (but not a loss) and am setting up knife catchers between 685 and 701 every 5 satoshis.

We may see the second buy in zone as well... ;)

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I'm holding 700 or so bags :-/ lol waiting for upturn then maybe buy more...

Trade active

Make some buy ins, we are inside the second sell zone which I never thought we would hit!

Not professional or financial advice!

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We are still inside second BUY zone, make some buys now! I have received intel it will be going back up

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If you missed Buy In #2 there is still a good buy in chance! If you got in around 600 sats, congrats on the 100 sat profit thus far :D Suggest buying more if you can ;)


THIS IS NOT FINANCIAL ADVICE, I AM HERE TO LEARN, and RISK MY SMALL $250 INVESTMENT! I just happened to be able to turn it into $400 while learning instead of losing it all :D

WE ARE CRYPTONO VIKINGS - JOIN OUR COMMUNITY AND LEARN WITH US! WE DO NOT CHARGE FEES TO LEARN, 100% FREE COMMUNITY! NEVER PAY TO LEARN SOMETHING THAT CAN BE FOUND USING GOOGLE! discord.gg/9YY4QNV

Good Luck & Trade safe!

Trade active

Trade still active... Possible buy in still (you can see my buy in (orange lines) at 721 satoshis... Also I showed arrows for buy-ins because they happened way back. Good things come to those who wait (and set proper stop losses lol!)


I set my stop loss at 685 (dashed blue), and you can see we got a falling knife which hit down in the 690 range, so setting the stop at 685 is best to prevent falling knives past the support on the 100 satoshi support. Every time it moves 50-100 satoshis I will readjust my stop to higher and higher risking only tiny bit of profit if possible :)

Using trigger order as a stop works well, and I suggest everyone figure out the trigger/stop order because you can use it to maximize and lock in profits :D

You can still buy in, and if you already did I reccommend hold until well above 800 sats :D

THIS IS NOT FINANCIAL ADVICE, I AM HERE TO LEARN, and RISK MY SMALL $250 INVESTMENT! I just happened to be able to turn it into $400 while learning instead of losing it all :D

WE ARE CRYPTONO VIKINGS - JOIN OUR COMMUNITY AND LEARN WITH US! WE DO NOT CHARGE FEES TO LEARN, 100% FREE COMMUNITY! NEVER PAY TO LEARN SOMETHING THAT CAN BE FOUND USING GOOGLE! discord.gg/9YY4QNV

Good Luck & Trade safe!

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Possible double top if we trade down to 700 range (not spike).
Keep stops at 685-700 to be safe :)

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!!! WARNING !!! Double Top completed! She may crash!
Keep stops in place @ 685 or be ready to sell if she breaks below 690-700

Trade closed: stop reached

My stop @ 685 was triggered. Sadly only made 5% but that was about $20 USD.

I put a buy trigger @ 698 sats in case it goes back up, for roughly the same number of IOST and the buy I prefer to hit now @ 630 sats.
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