I'll be mentioning on the trade details the time frame that I believe it is necessary for the trade to take off. As for the targets, use them as reference and collect your profits when we start to move up. Long term targets are available on detailed long term trade calls... As for the entire market...
We are still in the uncertainty zone. The Altcoins are more ready than ever, the market has gone on a full retrace and the charts are building up giving out many buy signals for long term trades. But the question is this: Will the action start now or wait longer?
It all depends on Bitcoin and Bitcoin is on the "uncertainty zone", it is ready to make a move but the signals are while the market is ready to move up (many mixed signals with more to the side).
If Bitcoin starts to move up, this can boost the whole market and a trend change can start. But if Bitcoin drops, it can take another while.
Whichever scenario unfolds, we have consolidated long enough. A drop for Bitcoin should be fast, if it happens, we are already close to the bottom and there isn't much run left for down, even if it hits again, it will be fast and we can try another run.
The market has been for a while now... the time to buy again has come! So feel free to load up on all of your favorite altcoins, even Bitcoin , using always a very tight stop loss in this case. For long term, just buy and hold, because the prices are pretty nice long term.
Getting back into the money... Here is another quick trade, Lunyr (LUN), with very low risk and high rewards as well.
Lunyr (LUN) App Launch Trade by Alan Masters
-> Lunyr (LUN) bounced twice from oversold line on the daily time frame.
-> Lunyr (LUN) - 30 June 2018 (or earlier). Iphone and Android App
"After the release of the Desktop dapps, we plan on releasing Lunyr on Iphone and Android."
Buy in: 0.00106 - 0.00134
Lunyr (LUN) Targets by Alan Masters:
Stop loss: 0.00102
Capital allocation: 3-5%.
Time frame: 1-3 weeks.
Note: The "time frame" reflects the time I believe this trade will take for it to start moving positive. This is for reference only and can change according to market conditions.
Enjoy the trade...
I see several signals that points to an increase in price in the next few short days.