WANBTC long trade. Decent 2.36 and 3.76 R/R Ratio! 4hr chart.
Taking a long position on WANBTC.
Reasons to enter
1. Support retest on 4hr chart.
2. Bullish RSI on 4hr.
3. Decent R/R.
Strategy
R/R Ratio = 2.36 or 3.76
Entry: around 0.00002351
Stop loss: 0.00002142
Target 1: 0.00002852
Target 2: 0.00003093
I will take the initial 75% profit at Target 1 and will let the rest 25% run towards Target 2. Also once Target 1 is reached I will update stop loss in break even.
Please take a look at my trading idea "Perfect moment to buy ALTS!" where I explain why I think ALTS are due for a big bounce.
Trade safe fellas!
Reasons to enter
1. Support retest on 4hr chart.
2. Bullish RSI on 4hr.
3. Decent R/R.
Strategy
R/R Ratio = 2.36 or 3.76
Entry: around 0.00002351
Stop loss: 0.00002142
Target 1: 0.00002852
Target 2: 0.00003093
I will take the initial 75% profit at Target 1 and will let the rest 25% run towards Target 2. Also once Target 1 is reached I will update stop loss in break even.
Please take a look at my trading idea "Perfect moment to buy ALTS!" where I explain why I think ALTS are due for a big bounce.
Trade safe fellas!
Trade active
Updating the stop loss to 0.00002364. Running trade risk-free now.
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