[UPDATE] Trading idea for ETC/USD LONG - Current price 16.09 USD
Updated
The graph is commented on the main aspects of the operation.
Also MACD+DI is showing a buy signal.
Buy: Crossing of Kinjun (pink line) by Tenkan (blue line) from below and with force is a clear buy signal. However, they are a psychological resistance close to 16.0 USD to overcome. Recommended entry should be 16.20 USD
Sell: around 19.90 USD
Stop Loss: ~ 13.22 USD, but you can use a dynamic SL when the trading starts.
You should not invest more than 10% of your available capital to trade.
Fellows, some people have written to me asking if I have a channel of signals, or something like that, to which they can subscribe, paying or not. I don't have any signal channels. Nor do I agree with the payment signals, pumps, dumps, hold, etc.
But, I can give you my BCH wallet and if you liked this analysis and you won something with it, you can send me a tip, it will be welcome.
BCH / BCC Wallet:
1DHV4bhygMwUeaFctGuFSzzzYGRENYWAhs
Thank you so much, your fine words made my day.
Also MACD+DI is showing a buy signal.
Buy: Crossing of Kinjun (pink line) by Tenkan (blue line) from below and with force is a clear buy signal. However, they are a psychological resistance close to 16.0 USD to overcome. Recommended entry should be 16.20 USD
Sell: around 19.90 USD
Stop Loss: ~ 13.22 USD, but you can use a dynamic SL when the trading starts.
You should not invest more than 10% of your available capital to trade.
Fellows, some people have written to me asking if I have a channel of signals, or something like that, to which they can subscribe, paying or not. I don't have any signal channels. Nor do I agree with the payment signals, pumps, dumps, hold, etc.
But, I can give you my BCH wallet and if you liked this analysis and you won something with it, you can send me a tip, it will be welcome.
BCH / BCC Wallet:
1DHV4bhygMwUeaFctGuFSzzzYGRENYWAhs
Thank you so much, your fine words made my day.
Trade active
RISK CONTROL:We'll move our stop to 16.09 USD to minimize the risk to less than 1%.
Enjoy!
Note
If you want take profit at 16.9 - 17.0 USD! BTC is rising up and this increase the risk.Trade active
RISK CONTROL: We'll move our stop to 18.7 USD. We are in +15% profit now!
Enjoy!
Trade closed: stop reached
We were very close to our target at 19.90 USD, it may even happen. But our SL in 18.7 USD, which we have put in place to control risk and secure profits has been touched in an abrupt decline related to an increase in the price of BTC.Anyway, we have made a ~15% profit with an excellent control of our operation.
Congratulations!
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