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Be a range trader and make plenty of profit
Be a range trader and make plenty of profit
By maheswar81
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Updated
Dec 14, 2017
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Dec 11, 2017
HITBTC:DNTUSD
Watch this coin. Support is at $0.03 and Resistance at $0.05, The trade is buy on support and sell at Resistance for 50% profit.
Such movement is happening daily for almost a month.
I was tired of looking for breakout. However, one can enjoy good profit with picking the trade at bottom and sell at high.
Signal :
Buy :
$0.03-$0.035
BTC value varies, please decide based on the $ value.
Target
$0.05 - $0.06
Stop loss.
$0.025
MACD and RSI may not help here as it is based on the range. Blindly buy at Support with sl and sell at resistance.
Good luck.
Dec 14, 2017
Comment
Finally, it broke the long time resistance. It should sustain for next moves.
Dec 15, 2017
Comment
100% return in few days. The range is 100%, so breakout of that would give 100%. Hence, Target would be 1.2 $
I would book profits at every resistance and buy back at lower levels.
Note : If you are away from the desk, please setup Stop loss (SL) and Targets.
Chart Patterns
DNT
DNTBTC
Trend Analysis
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