Hello my colleagues.
I would like to explain to you a small trading situation that I am considering in the spot market.
Work in parts and approaching the $ 23 level
I see the situation as a triple bottom in the NEO / USDT pair
also the formation in the future of the pattern INVERTED HEAD AND SHOULDERS + Expanding wedge ABCDE wave structure.
in the next two...
The scheme is simple, absolutely everything is specified for understanding of this trading idea.
Delayed entry into the short, at least to the target to the middle of this channel of the expanding wedge.
The position is risky, but in all structures the shorts must be justified.
I propose to look at I give a coin not only from the side of trade, but also from the side of a small investment. Looking at the large timeframe, you can see the "diamond" pattern
A pending order to buy in the zone I have designated.
Stop loss and target values indicated on the chart
Target and stop loss as well as the entry point to the position indicated on the chart.
Potential 2nd bottom and work in a triangle.
I divide 4% of management by entering the position
Purchase from the level indicated on the chart, as well as an extended order from 0.0595
stop loss at 2 positions is the same as on the chart.
P.s The position is very...
The work takes place in the descending bullish canal.
Formation of a potential, inverted head and shoulders.
Work in the long from the middle of the accumulation channel.
Leaving the price below the level of 0.93 - cancellation and work from the boundaries of the accumulation channel
All details and target, as well as stop loss are shown on the chart.
Briefly and in fact.
Used shorts will pay off.
There is no reason to open long positions yet.
If there is a retention of the last level, then it is worth opening a position on the return and after passing 61000
Before that, I do not recommend buying a falling knife.
The result for 2 days of trading
You can see each trading idea at the links below....
I open the long position, from the price of 1.86
as well as a deferred purchase order from the specified price on the chart. Trade at the breakdown level
target and stop loss readings on the chart.
Maximum leverage x5
3-5% of the deposit for 2 orders
I am considering this coin for investment.
Having made the analysis - there is a variant of achievement of new ATH
Working with compound interest. (for trade)
investment - work by pyramiding without doubling.
Only spot position, no leverage.
A brief overview
channel work, compound percentage, retention levels, and volume.
It is worth noting that the squeaks down became more frequent. Which speaks of knocking coins out of weak hands.
On an illiquid exchange - anomalous volume.
(analog of a shiba inu coin)
Work in a descending triangle with level retention. Open positions on the breakdown of one of...
I planed to open a pending order in the long from the entry point indicated by me.
The deal is dangerous, at breakdown level.
At the moment, I'm waiting for the price to roll back in the directional arrow
result for yesterday
BTC = 3 Targets taken - Open
1000SHIBA , 2 orders - 4 Targets taken. Closed
STMX - 1 Target taken. Closed without losses
Details and target, as well as stop loss are shown on the chart.
I open with a pending long order on a dogicoin coin from 0.27887