Aptos has suffered during the last couple of weeks making the price especially attractive here. Additionally, we are nearing a good area of support both price-wise and on our RSI. An entry here at 11.87 with a target of 18.00 and a SL of 9.87 puts our RRR over 3 to 1. I like these odds.
Stewdamus Trades -
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Prophesying the price action of markets one chart at a time.
Crypto predictions, targets, how-tos, and much, much more!
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stewdam.us
Part of the strategy in trading safely is to set those stops. However, at times it is irritating, annoying, and frustrating. I did not plan to spend my day getting stopped out of trades, having to re-enter, having to re-edit the Trade Tracker, having to re-post that all of this has happened, etc. And now I remember why I used to simply enter trades and forget about it. So much easier!
I was stopped out of APT and immediately re-entered. I’ve reset the stop on this way down at 7.30. I believe this will be a winning trade and honestly think this is the time to be buying not selling. In fact, I halfway thought about removing all of my stops because I just don’t want to deal with all these super annoying liquidations with wicks a mile deep. With my luck, I’ll get stopped out at night while sleeping and then the market will buy right back up. So, now that I am thinking about it …is “safe trading” really all that safe if you can be stopped out and left behind? I don’t know. Sometimes I wonder.
Anywho, sorry for the vent. Just want you all to know that I am a fan of buying this dip and I do not intend to be left behind. Back in APT at 9.70 and I think that’s a great deal. I’ll be buying this dip all the way down.
Best,
Stew