High Risk Trade, but the rewards could be worth it

30 Nis 2020

Hello there,

I am eyeing this one purely based on a good entry.

I'm afraid I'm not that confident with this one, but I took an entry at 29 sats.

Aiming for :
T1 - 38 sats
T2 - 45 sats

If this coin follows ERD, 58 sat is also on the table.


Th thing is, outside of this falling wedge, the chart is extremely bearish. We just went into ATL around 27 sats, and we got rejected at the eMA, signaling a bearish trend.

This is why I dim this as a high risk trade.

My stop loss will be tight as well.

1 May 2020

Not

It's looking ok so far. What I ideally want to see now is a return to 33 sats levels, then I would be sure this trade is going where I want it to go.

But it's still extremely risky. I have seen this kind of scenarios turn incredibly wrong, so please stop loss tight around 26 sats

1 May 2020

Not

It's looking like garbage

1 May 2020

Not

If it doesn't go up, targets are :
25 sats
20 sats

3 May 2020

İşlem kapandı: durdurma seviyesi

Shitcoin

6 May 2020

İşlem aktif

Re opening this trade. I have not sold yet, but looking like there's movement.

Still hope, or just a relief bounce?

31 May 2020

İşlem kapandı: hedefe ulaştı

Target hit.
Congratulations on the profit