Long
BTSBTC
BTSBTC Long (Intraday)
On a daily perspective, we are in overall sellers territory and we are doing a counter-trend trade. I am going against the trend, as I see the last seller was taken out the buyer on the 1H and I could see the price reacting above the support on 1H and 4H. So, less risk can be taken for more profit booking.
Entry: 0.00001105
TP: 0.0000121
Stop loss: 0.00001075
Position Size: 1% Risk on your capital/0.3
Risk/Reward: 1:1 So, HH RR.
If TP is hit then we will be at 8% profit.
Buy from Sellers and Sell from Buyers.
On a daily perspective, we are in overall sellers territory and we are doing a counter-trend trade. I am going against the trend, as I see the last seller was taken out the buyer on the 1H and I could see the price reacting above the support on 1H and 4H. So, less risk can be taken for more profit booking.
Entry: 0.00001105
TP: 0.0000121
Stop loss: 0.00001075
Position Size: 1% Risk on your capital/0.3
Risk/Reward: 1:1 So, HH RR.
If TP is hit then we will be at 8% profit.
Buy from Sellers and Sell from Buyers.
Trade closed: target reached
BTSBTC TP hit if you were in this trade you would have made 8% profit.
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Related publications
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.