Welcome to this quick update, everyone. If you are reading my updates for the first time do follow me to get more complex charts in a very simplified way. I also post altcoin setups on Spot, Margin, and Futures.
TOMO could breakout of the falling wedge pattern anytime! Once it breaks the price is highly likely to rally between 45% to 72%.
Accumulation level: 5700 sats to 6600 sats.
Targets:
7474 8377 9052 10400 11210
Stop Loss: 5344
What's your thought on this? More setups to come.
Do hit the like button if you like this update and share your views in the comment section.
Hi, I have been following you for a while now and I noticed that you must manage your trades in a different way, I have seen the SL hit and you still say hold your position, so you must be managing your trades in a different way. I would appreciate if you can share with us how you set up your trade how you build your position and how you take profit and what you do when the price drop to the SL what rules do you follow? it will be helpful for all of us to have winning trades. and thank you for all the help and valuable content.
Cryptorphic
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@interestingEag45100, Understand the trend. If the trend is bullish I try to DCA my positions to lower the entry. You only need to stay patient with your positions. The reason I put tight SLs is there are many people who send me screenshots with 20x and even 50x leverage positions which is insane and should be avoided. Sometimes the SL may get hit but I consider buying back whenever I see the market showing some bullish momentum.
I hope this helps!