UMA LONG, pumping out of support into right side of base

12 Şub 2021

UMA potentially entering a pump out of the support area, with a 40% runway to previous ATH. First profit target is previous high of 44.12.
Potential profit taking targets of 20% on the way to 40%. Resistance expected at ATH. Potential add on if confident to add after breakout from ATH

Crypto 2021 Strategy notes:

I enter trades in 5 and 10% positions (of total trading portolio). If possible I look to add to succesful positions to a max of 25% total of portfolio.

For this cryptocurrency 2021 bull market, my profit taking targets are around 40-50%, in quarters, thirds or sometimes halfs. I look for 80-100% gains for further profit taking.

Depending on the coin and cycle of its pumps, I hold some of my position through 100-200-300% returns on the lucky ones, taking profits on the way up. (LUNA, ADA)

12 Şub 2021

İşlem elle kapatılmış

Closed manually, 30 min hourly candle huge selling pressure wick. Closed at 2% Loss. Trade still fair but I'm out to look for better opportunities