AllianceBlock (ALBT): USDT All-Time-Highs; A Surging WETH Pair
With the surging ALBT chart, we take a moment to reflect on 1) what got us in the trade and 2) what kept us in it for this insane bull move.
1) We used the WETH pair to identify key buys (EMA retest for aggressive, Fib golden pocket for slightly less aggressive).
2) The daily 12 EMA on the USDT chart kept us in this trade. It still has yet to close below this moving average, and now we have the benefit of hindsight to map protective stop-loss levels. This is a huge benefit to us, since we can set these protective stop orders and if they trigger, we protect against downside while still locking in profit given the timing of our entries!
1) We used the WETH pair to identify key buys (EMA retest for aggressive, Fib golden pocket for slightly less aggressive).
2) The daily 12 EMA on the USDT chart kept us in this trade. It still has yet to close below this moving average, and now we have the benefit of hindsight to map protective stop-loss levels. This is a huge benefit to us, since we can set these protective stop orders and if they trigger, we protect against downside while still locking in profit given the timing of our entries!
