OGN is has been consolidating around this price level for the past few days, What does this mean:
Hand me my Light Saber
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Lots of coins pump today and coin i choose moving like a Turtle. Thats okay tho that means when it pump its going
Take profit 1 hit
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I like even in sideways movement we have some nice pins on the bottom
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Why did I not put take profit directly on support= when I knew it was going to get slight rejection. NKN Lets go :).
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Take profit 2 hit
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Ogn is going to touch support again as it is trading in a price band- When you notice a coin trading between 2 points, Long it to the resistance, - Take all profit
Then wait for confirmation of rejection and short it right back down, persons can trade 1 coin all week. INFACT it is best to when you are at starting pick a coin and trade it all week
Trade closed: stop reached
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Take Profit 1 and 2 Hit- 50% of profits taken, Slight profit made on the trade. Failed to notice a double top had formed. Moral of story in a ranging coin take all profit at resistance.