Long
Updated

AST-BTC Long Trade Plan

350
Commodity : AIRSWAP
Trade Type : LONG
Trading Against : BITCOIN

Entries : Double-UP Entries throughout the Buy Zone
Profit Taking : 25% at each TP point
Profit Locking : Move SL to break even once TP1 is hit, to TP1 once TP2 hits, to TP2 once TP3 hits and so on
Duration - 1-4 weeks
Investment in trade : 10% of the total Trading Balance.
Prospective Profit : 8% to 28%
Prospective Loss : 8%
RRR : SL to TP1 is 1.17, SL to TP2 is 2.04 , SL to TP3 is 2.9 , SL to TP4 is 3.75

Buy Zone/TPs/SL price points are marked in the chart as follows
Greens - Profit Targets (TPs)
Blue - Buy Zone (Entries)
Red - Stop Loss (SL)
Note
1st TP hit
9% profit within 12 hours.
snapshot
Note
Nice 36% profits
If this isn't the mini-alt season then what is?
snapshot

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.