Long
Pump Incoming Printed on Daily Mir USDT
Looking for a good entry on Mir/usdt a Pump incoming signal printed on the daily, local support around 2.86 but it tends to wick.
will ladder in some longs between 2.90 and 2.70
Will place a sell order for half to 2/3s the position at 3.25 anticipating a wick upward....
IF
1A) A wick happens and takes out my sell order at 3.25 in the short term,
THEN
1B)I will take that and buy back in lower below $3.00 to build up more of the position and DCA down my entry prices... I will take the scalped profit from these wick sells and set aside for long term alt rally of 2 to 3X
HOWEVER IF
2A)the price does not quick wick to that entry but slowly and gradually builds toward that price .
THEN
2B) I will only sell 25% of position at 3.25 and move remaining of the position sell up to 3.75 or 3.8 and hope for a wick there to then rebuy back lower
Repeat Ifs and thens, till out of MIR to sell
will ladder in some longs between 2.90 and 2.70
Will place a sell order for half to 2/3s the position at 3.25 anticipating a wick upward....
IF
1A) A wick happens and takes out my sell order at 3.25 in the short term,
THEN
1B)I will take that and buy back in lower below $3.00 to build up more of the position and DCA down my entry prices... I will take the scalped profit from these wick sells and set aside for long term alt rally of 2 to 3X
HOWEVER IF
2A)the price does not quick wick to that entry but slowly and gradually builds toward that price .
THEN
2B) I will only sell 25% of position at 3.25 and move remaining of the position sell up to 3.75 or 3.8 and hope for a wick there to then rebuy back lower
Repeat Ifs and thens, till out of MIR to sell
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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.