25%+ Profit Potential on CULT. Going Long Here!
Diupdate
It's been over a year since I touched CULT. But now it finally looks attractive again. What I like about it are:
#1 - Nice Cup and Handle Pattern which hasn't played out yet. Target will give us at least 25% profit.
#2 - While many alts have already experienced massive pumps, CULT has not yet.
#3 - Daily RSI is at a very reasonable level.
Get ready because I think that target is fairly conservative compared to what we have been seeing from other alt pumps. I will probably hold 100% to the target if I don't get stopped out first. I will trail that stop up to break even once we are 50% of the way to our target. I will take 75% of this trade off the table once the target is hit and let the rest ride until I get stopped out or feel like pulling it out.
Entry = $0.0000025
Target = 0.0000035
SL = 0.000002
RRR = 2 to 1
Not fin advice.
#1 - Nice Cup and Handle Pattern which hasn't played out yet. Target will give us at least 25% profit.
#2 - While many alts have already experienced massive pumps, CULT has not yet.
#3 - Daily RSI is at a very reasonable level.
Get ready because I think that target is fairly conservative compared to what we have been seeing from other alt pumps. I will probably hold 100% to the target if I don't get stopped out first. I will trail that stop up to break even once we are 50% of the way to our target. I will take 75% of this trade off the table once the target is hit and let the rest ride until I get stopped out or feel like pulling it out.
Entry = $0.0000025
Target = 0.0000035
SL = 0.000002
RRR = 2 to 1
Not fin advice.
Catatan
Cult has run into a bit of resistance here. I am taking almost half off of the table to capture those 22% gainz. As you already know, I have raised my stops so that we will only take profit on this trade regardless of where I sell.Trading ditutup: target tercapai
Closing this trade out completely. Target more than achieved. Congrats!
Stewdamus Trades -
Prophesying the price action of markets one chart at a time.
Crypto predictions, targets, how-tos, and much, much more!
Never miss a prophecy. Sign up for my free newsletter at:
stewdam.us
Prophesying the price action of markets one chart at a time.
Crypto predictions, targets, how-tos, and much, much more!
Never miss a prophecy. Sign up for my free newsletter at:
stewdam.us
Publikasi terkait
Pernyataan Penyangkalan
Informasi dan publikasi tidak dimaksudkan untuk menjadi, dan bukan merupakan saran keuangan, investasi, perdagangan, atau rekomendasi lainnya yang diberikan atau didukung oleh TradingView. Baca selengkapnya di Persyaratan Penggunaan.