this trade is based on fundamental analysis and volume study of this coin
I have created a plan to DCA this coin from 3 major levels (1.25 - 0.9 - 0.55)
this will leave us with an average cost of 0.8
this setup has a great risk/reward ratio of +20, but still carries a risk of losing almost 50% of your investment
that's why you shouldn't buy with more than twice of what you afford to loss comfortably
stop-loss is a daily candle that closes below 0.42
I have created a plan to DCA this coin from 3 major levels (1.25 - 0.9 - 0.55)
this will leave us with an average cost of 0.8
this setup has a great risk/reward ratio of +20, but still carries a risk of losing almost 50% of your investment
that's why you shouldn't buy with more than twice of what you afford to loss comfortably
stop-loss is a daily candle that closes below 0.42
Trade active:
it touched the first buying level, spent two hours below it then pumped 40% within 6 hours
this proves the first DCA level is a valid one.
this proves the first DCA level is a valid one.
Trade active:
RNDR dropped more than 60% since idea was published
All buying levels have been reached
All buying levels have been reached
Trade closed: stop reached