I have sold an additional 20% of this position. Stop is at breakeven. 55% of this position is still open. I will sell 25% at the 4th, and the remaining 30% at the 5th. Let's see if we can hit them all.
@Blockchain_Bob, you moved your target further down today, what makes you think it will go down further?
ChartCrushers
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@nagihatoum, I did not move it down. This is a new trade based on market flow.
ChartCrushers
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@nagihatoum, This is the new trade signal for today.
#LTC/U19
Exchanges: BitMEX
Signal Type: Regular (Short)
Leverage: 5
Entry Zone: 8710-8800
Take-Profit Targets: 8630-8500-8350-7600-7100
Stop Targets: 9075
nagihatoum
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@Blockchain_Bob, yes 7100 before it was 8500.
ChartCrushers
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@nagihatoum, it's a different trade and has nothing to do with the previous trade. As I stated in the post this is not based on technical analysis, don't you see the bullish indicators? This is based on the fact that dominance is increasing and bitcoin looks to pump. if btc keeps pumping you can change the target from 7100 to 5000. It will hit if btc keeps pumping and dominance keeps increasing. Of course anything is possible, and as we know this market can change at the snap of a finger. So one must always be aware of what is going on in order to know where the market is offering opportunities.
If you want to learn how I trade based on market flow you can follow my channels. I don't spend much time on the free ones, and I update them as time permits. I do everything myself and do all of my analysis on my own. So let me know if you have any quesions, I'm always glad to help.
nagihatoum
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@Blockchain_Bob, I have my eye on everything, granted it looks bad, but there are signs it won't go down further