As You see price action indicates indecision, for brave trader it's a good short time speculative opportunity. I try to seek small longs in the blue rectangle area, when other indicators tell me that local bottom is possible here.
Note
I give small portions of main position spreaded as pending orders between 8100-8400satNote
Correction: 8200-8400sat area as longs-opening areaNote
Okay position opened manually @8560sat first target (50%of position)@8860sat, second (30% of position) @9100sat, 20% of this position should be closed on much higher levels, with stop loss in entry point, but after it hit 9100sat, until then no stop losses;)Note
Take profits taken, 20% of position stays with stop loss in entry point.Note
OK rising Bitcoin and i have no position opened as stop loss in entry ponit hited. But that was succesful trading:)Note
But remember, longterm longs on XEM will pay off, and I still hold part of my original stake for higher prices.
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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.