BAT-BTC Long Trade Plan
Updated
Commodity : BASIC ATTENTION TOKEN
Trade Type : LONG
Trading Against : BITCOIN
Entries : Double-UP Entries throughout the Buy Zone
Profit Taking : 25% at each TP point
Profit Locking : Move SL to break even once TP1 is hit, to TP1 once TP2 hits, to TP2 once TP3 hits and so on
Duration - 1-2 weeks
Investment in trade : 5% of the total Trading Balance.
Prospective Profit : 18% to 49%
Prospective Loss : 10.5%
RRR : SL to TP1 is 1.65, SL to TP2 is 2.58 , SL to TP3 is 3.51 and SL to TP4 is 4.45
Buy Zone/TPs/SL price points are marked in the chart as follows
Greens - Profit Targets (TPs)
Blue - Buy Zone (Entries)
Red - Stop Loss (SL)
Trade Type : LONG
Trading Against : BITCOIN
Entries : Double-UP Entries throughout the Buy Zone
Profit Taking : 25% at each TP point
Profit Locking : Move SL to break even once TP1 is hit, to TP1 once TP2 hits, to TP2 once TP3 hits and so on
Duration - 1-2 weeks
Investment in trade : 5% of the total Trading Balance.
Prospective Profit : 18% to 49%
Prospective Loss : 10.5%
RRR : SL to TP1 is 1.65, SL to TP2 is 2.58 , SL to TP3 is 3.51 and SL to TP4 is 4.45
Buy Zone/TPs/SL price points are marked in the chart as follows
Greens - Profit Targets (TPs)
Blue - Buy Zone (Entries)
Red - Stop Loss (SL)
Trade active
TP1 hitNice 15% profit
Trade closed: target reached
TP1 and TP2 hitTP3 missed by a couple %
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