Long
AKROUSDT: Ready to blow for 100% gains?!
Hello Traders,
We've got a seriously nice opportunity here on AKROUSDT to get into a special DeFi project before it's even considered "mid-cap". Lots and lots of upside potential here. Risk is managed and the R-multiple on this trade (if it reaches target) on combined entries gives us a 6.3R trade!
With a great reaction from the larger Correction Channel median line and the subsequent breakout of the smaller Correction Channel upper boundary, we can feel pretty confident the trend is changing for the bulls. Makes sense as this project has SERIOUS players steering the helm and I expect it to be a MUCH bigger project than it currently is.
Enough chatter! The setups are below...
Entry 1: 0.043150, 3.13R
Entry 2: 0.35, 9.48R
if both entries trigger, 6.3R
Stop Loss: 0.295
Target 1: 0.86
Target 2: Trailing Stop
Hopefully you catch this trade in time! I expect overperformance and serious volatility incoming.
Till next time!
Happy Trading, always manage risk.
P.S. while 100% of my posts so far have been crypto, I will be posting about some traditional markets as well (equities, forex, commodities, etc.). Just stick with me! Also please let me know how I might improve these posts! Thanks again
We've got a seriously nice opportunity here on AKROUSDT to get into a special DeFi project before it's even considered "mid-cap". Lots and lots of upside potential here. Risk is managed and the R-multiple on this trade (if it reaches target) on combined entries gives us a 6.3R trade!
With a great reaction from the larger Correction Channel median line and the subsequent breakout of the smaller Correction Channel upper boundary, we can feel pretty confident the trend is changing for the bulls. Makes sense as this project has SERIOUS players steering the helm and I expect it to be a MUCH bigger project than it currently is.
Enough chatter! The setups are below...
Entry 1: 0.043150, 3.13R
Entry 2: 0.35, 9.48R
if both entries trigger, 6.3R
Stop Loss: 0.295
Target 1: 0.86
Target 2: Trailing Stop
Hopefully you catch this trade in time! I expect overperformance and serious volatility incoming.
Till next time!
Happy Trading, always manage risk.
P.S. while 100% of my posts so far have been crypto, I will be posting about some traditional markets as well (equities, forex, commodities, etc.). Just stick with me! Also please let me know how I might improve these posts! Thanks again
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.