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SubvertoTradingClub
Aug 9, 2022 3:12 PM

Juicy retest on $THETA Long

BINANCE:THETAUSD720
Theta Token / US DollarBinance

Description

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The market is currently offering some huge opportunities on certain Alts.

After a decent break-out, THETA is currently retesting the previous resistance zone.

That gives us a wonderful place to manage our risk.

Are you long too?

Comment

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Bottom has been nicely catched, thanks to the CPI numbers !

Trade closed manually

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Trade has been closed at Break Even.

Bounce happened right on the highlighted zone, which gave us opportunity to take partial profit. So the SL was (at least) at Break even.

--> SL taken when price broke down.

No loss. Let's hunt for the next trade.
Trend AnalysisChart PatternscryptoaltseasonpumpBitcoin (Cryptocurrency)thetaETHBTCmoondoge
Comments
simpsonepic1a
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should no better totally invalidated
simpsonepic1a
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Man what a looser at this point there are no opportunities
SubvertoTradingClub
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@simpsonepic1a, The opportunity was real. The market didn't give us the bounce expected so we took the break even option.
Maybe next trade will be a winner, maybe not. The goal is not to be right but to earn money.
Find nice places of opportunity, manage your risk, and wait for the outcome of the trade.
You can't control anything, you can just adapt to the market.

That's what we did here, and that's what we are doing for years. And we are still there, trading real money.
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