Hi, fellas!
Here we found (LBNL) a big trade opportunity after a big dropp due by the BTCP fork. We can buy under 0.0019 and get good TPs in a long term trade.
We have oversold RSI, and really big volume incresing.
Important: Its a medium risk trade. Some pump and dump are expected during the trade, do your CM!
So, we think a trade like that for mid and long term:
Entry: < 0.00185
Mid term
TP1 - 0.002242
TP2 - 0.002437
TP3 - 0.002632
TP4 - 0.002827
TP5 - 0.002925 (+50% profit)
Long term
TP1 - 0.003022
TP2 - 0.003251
TP3 - 0.003899 (+100% profit)
TP4 - 0.004875
TP5 - 0.002585 (+200% profit)
CM - 15-20%
And let's keep watching for new TPs, if the movements keep bullish!
Warning: I do recommend Capital Management!
"The stock market is a wonderfully efficient mechanism for transferring wealth from the impatient to the patient" - BUFFETT, Warren