Trading idea for ETC/BTC LONG - Current price 0.00248
Updated
The graph is self-explanatory and it is commented on the main aspects of the operation.
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Buy: As explained above. ~ 0.00237 - 0.0025
Take-profit (short term): ~ from 0.0035 to 0.0055
Take-profit (long term): ~from 0.0065 to from 0.0095
Stop-loss: ~ 0.0017869
Initial stop loss determined using lead line (Kumo basis) and William's fractal
For maximum risk management on this trade, we also could move the stop-loss up with the Kumo, keeping it just below the bottom edge. For even tighter risk management, we could move our stop-loss with the Kijun Sen, keeping it 5 to 10 pips below that line.
Warning! You should not invest more than 10% of your available capital to trade.
Tips:
DASH: XhjuDAxmMYeUNoxDfa6PNM83efKoXfmfpC
Note
Take-profit (short term) reached!Trade active
New consolidation zone, you can sell profitably or strengthen your position.
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