SOT 2.0 - Chartoff Submission Week 2
Updated
- FUELBTC appears to be in accumulation zone and holding the 271 support level.
- Entry rule: The 1H candle must close within the Buying Zone (or above), and holds the level for a few candles.
- Entry: 285+
- Target: 324 (Profit: 13.33%)
- Stop: 273 (Loss: 4.91%)
- Entry rule: The 1H candle must close within the Buying Zone (or above), and holds the level for a few candles.
- Entry: 285+
- Target: 324 (Profit: 13.33%)
- Stop: 273 (Loss: 4.91%)
Comment
I've seen a retracement but we are still on track to reach our target.Small update of the chart.
Comment
It is recommended to keep an eye on the support trend. Falling below could become dangerous. A new exit has been set (see updated chart)Comment
FUELBTC didn't hold the trend, so we sold at the "new exit" level (295)We made a small profit of 3.5%
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.