TNB - Time New Bank - Time to Ride !!! Long

Description

⋅ May 5, 2018 12:19 PM

Hello and thank you for looking at my trade strategy.
So, this chart really shows it all.
Cup n Handle formed
Bowl pattern
3 White soldiers after small correction
Divergence on RSI
Pretty easy to assume this is a safe trade.

My strategy on Binance:
Buy up to 760
T1: 820
T2: 900
Stop Loss : 640
Rating : 3 out of 5 stars
Volume 730 btc

Trade active

⋅ May 8, 2018 1:51 AM

As soon as I posted TNB, Bitcoin had back to back drops.
You can see on the chart, this had a very short temporary affect on TNB.
TNB instantly started climbing back in price after each BTC drop.
Looking strong

Trade closed: stop reached

⋅ May 13, 2018 4:07 AM

Comments

Grizzlies_crypto

⋅ May 9, 2018 5:19 PM

Uptrend approach ?

redking75

⋅ May 9, 2018 6:08 PM

@Grizzlies_crypto, Since my last update, TNB dropped more and bounced nicely off the 4hr trend line. Could be reversal time.

Grizzlies_crypto

⋅ May 9, 2018 6:43 PM

@redking75, almost looks like a huge cup and handle formation

joshclouds

⋅ May 8, 2018 5:55 AM

I think you may have spoke again to early!

UmutErdonmez

⋅ May 7, 2018 8:11 AM

damn, been following you for a week and this was the first time i jumped in for a trade, but it got owned by btc lol, c u next time :)

redking75

⋅ May 8, 2018 1:52 AM

@UmutErdonmez, Sorry, BTC dropped two times right after I posted TNB.

TheWinter

⋅ May 8, 2018 4:21 AM

@redking75, will the targets still be hit?

UmutErdonmez

⋅ May 8, 2018 2:51 PM

@redking75, will watch out for the "6th day of the month" from now on, i'm sure you're aware of it too, btc always moves in 6th

RafeySethi

⋅ May 7, 2018 12:07 AM

Would you still get in right now? Currently at 0.00000678

redking75

⋅ May 7, 2018 12:38 AM

@RafeySethi, TNB started taking off right before the BTC dip yesterday. Dropped after like many alts did. There are a couple of indicators still pointing down. I would wait for the indicators to recover before entering the trade. If you follow me already, watch for an update. I will update once all the indicators are showing it's safe to enter.