BREAD - Buy Opportunity - 38% ROI - 4:1 Risk/Reward

BRDBTC appears to be in the accumulation phase after a length time in the doldrums. There have been a number of failed breakouts higher and is starting to squeeze at the base of the accumulation zone. This is a trade opportunity for those that trade, not necessarily HODL. However this is a good opportunity to buy LOW.

Reasons why I will enter a short term long position using a stop-limit order:

1. Breakout triangle forming at base of consolidation zone
2. Tight squeeze with previous failed breakouts
3. High return on investment (38%) with 4:1 risk/reward

Enjoy.

You can now follow me on Steemit: steemit.com/@crypto-toast

Disclaimer: This is only my opinion, make of it what you wish. It is not financial advice.

Kommentera:

Still waiting for a break-out...

Kommentera:

No trade. Will still keep an eye and place a limit order if/when it break-highers after a entrancement

Trade stängt manuellt

Kommentera:

Left money on the table...