ecicic

waves update

Long
ecicic Updated   
BITTREX:WAVESBTC   Waves / Bitcoin
If you have traded of my previous idea(linked below) then congrats. We are in profit 44% vs BTC, 57% vs usd . We are not going to lose money on this trade. Hence move Stop loss to 0.00049913. We are 17% in profit at the very least if our stop is hit. We got rejected by the 0.236 fib which was to be expected. I am still bullish on waves until the NG and DEX release. We await target 1 which is .00094 where we will offload 33% of our waves or our stop is reached.

Comment:
stoploss moved up to 0.00051
Comment:
stoploss moved up to 0.00054
Comment:
Comment: stoploss moved up to 0.000545
Comment:
stoploss moved up to 0.00057
Comment:
stoploss moved up to 0.00059. We are being rejected by the 300 period SMA on the 4hr which is to be expected. Others SMAs(20,50,100) have turned bullish. We are still on track to reach target and would expect a slight bounce down to the new weak support before picking back up. 6 days until fundamental event DEX 2.0 release should help us go more vertically and we can achieve target 1then upon or before release, and perhaps even over perform. :)
Comment:

we close swing trade here at 65% profit vs USD, or 42% vs BTC.
Personal note, I am keeping a smaller position in Waves as my core investment portfolio, which i dont daytrade.
Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.