You can see our previous trade here for results and additional details:
RENBTC has removed all gains from its last wave and is looking to create a .
Our last entry recommendation was around 420 - 460 satoshis, the current price at the time of this writing is 423 satoshis, showing that RENBTC is reaching support and preparing for a second run.
All the details are marked on the chart:
- All targets on the main chart.
- Weekly close below bottom dashed line is our stop loss.
- Feel free to hit like now.
- It can take several months for this trade to fully develop.
- This is a friendly reminder.
- Enjoy the profits.
Thanks a lot for reading.
This is Alan Masters.
BUY: 0.00000390 - 0.00000430
STOP: Close weekly below 0.00000380.
Very likely to share a new trade in the future.
Thanks a lot for the continued support.
Is the safest play right now to simply reload on BTC for fiat on the almost inevitable initial retrace?
I've been getting repeatedly stopped out on my smaller alt trades in April. Best thing to do for now seems to be to sit tight on my bigger alt bags and pass up the smaller trades.
This might be different but there is the possibility of Altcoins moving up while BTC moves down. If this happens the bull market is confirmed for me.