1INCH is currently in a downtrend at 4H but... - Cryptoz18
█ Operation Information
1INCH is currently in a downtrend at 4H, sideways at 1H. I expect a little bullish momentum in 15min. Currently in this side zone 1INCH is managing to accumulate positions, I really don't think the downtrend will continue in 4H, but well let's enter in 15min with a tight StopLoss above the intraday VWAP.
█ Operation data
• Entry price: 0.6235
• StopLoss: 0.6121 (Loss 1.83%)
• TakeProfit Minimum: 0.6388 (Win 2.45%)
• Type of operation: Long
• Recommended margin: 5% of the Futures account
• Recommended leverage: 5-10x.
• Temporality: 15Min - 4H
✔️ Fact: The user is recommended to move the StopLoss to entry once we reach what we call TPM or Minimum TakeProfit. In this way, if the trend is good for 4H, it will never touch the StopLoss at entry and in case it returns, we only have to pay the commissions. Being a 15-minute trade based on 4H, the StopLoss is likely to be hit so keep this in mind. We try to catch a trend.
█ Global data to take into account
Bitcoin is currently in an uptrend in 4H. However, a lot of bearish orders trying to keep it below the 20500 prices. The daily trend is in play, take your precautions.
█ Warning
✔️ Cryptocurrency operations represent a high risk. Therefore, this operation should not be taken as an investment recommendation. All I do is share my trading ideas publicly for the viewer to do their own analysis and decide to enter based on their own decision-making. The viewer is recommended to have good risk management in their operations. For this, take into account fundamental data from Volume of the asset, Marketcap, Supply, Percentage change price, Current Volatility, Perpetual Data and finally proper Margin and Leverage management Be careful, you can lose all your money in futures if you have poor risk management. Nothing more to say thank you very much.
1INCH is currently in a downtrend at 4H, sideways at 1H. I expect a little bullish momentum in 15min. Currently in this side zone 1INCH is managing to accumulate positions, I really don't think the downtrend will continue in 4H, but well let's enter in 15min with a tight StopLoss above the intraday VWAP.
█ Operation data
• Entry price: 0.6235
• StopLoss: 0.6121 (Loss 1.83%)
• TakeProfit Minimum: 0.6388 (Win 2.45%)
• Type of operation: Long
• Recommended margin: 5% of the Futures account
• Recommended leverage: 5-10x.
• Temporality: 15Min - 4H
✔️ Fact: The user is recommended to move the StopLoss to entry once we reach what we call TPM or Minimum TakeProfit. In this way, if the trend is good for 4H, it will never touch the StopLoss at entry and in case it returns, we only have to pay the commissions. Being a 15-minute trade based on 4H, the StopLoss is likely to be hit so keep this in mind. We try to catch a trend.
█ Global data to take into account
Bitcoin is currently in an uptrend in 4H. However, a lot of bearish orders trying to keep it below the 20500 prices. The daily trend is in play, take your precautions.
█ Warning
✔️ Cryptocurrency operations represent a high risk. Therefore, this operation should not be taken as an investment recommendation. All I do is share my trading ideas publicly for the viewer to do their own analysis and decide to enter based on their own decision-making. The viewer is recommended to have good risk management in their operations. For this, take into account fundamental data from Volume of the asset, Marketcap, Supply, Percentage change price, Current Volatility, Perpetual Data and finally proper Margin and Leverage management Be careful, you can lose all your money in futures if you have poor risk management. Nothing more to say thank you very much.
Trade closed: target reached
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.
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.