So the market is finally picking back up again. Allot of these coins that are showing bull signs are actually doing what the signs says again. So naturally I will trade long on this one. I don't like to do daily trades. I to do trade over the course of 1 week to 1 month. Mostly because bitcoin has allot of volatility issues. So there are allot of false signals. The ones that seem the most reliable are the ones that are weekly to month long average trade deals.
You need to buy in at the bottom of the handle.
Let's pretend you buy in right at the bottom - 0.000061.
Targets:
10% up - 1/2 of your coins at 0.00007157 25% up - 1/4 of your coins at 0.00007847 50% up - 1/4 of your coins at 0.00009766
Stop loss is 20% below your buy in marker. In this case it is - 0.00001318 BTC each
Thanks,
StopLoss123
Don't watch the clock. Do what it does, Keep on going.
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It's a good entry point if you keep live monitoring on the chart (I did it :) and set stop-loss
Keep in mind that the entry point of a CAH pattern is "above" peak of the beginning of an handle
Keep in mind that the entry point of a CAH pattern is "above" peak of the beginning of an handle