MagnetTool

SoT 2.0 Chartoff Submission Week 2

MagnetTool Uppdaterad   
BINANCE:ETCBTC   Ethereum Classic / Bitcoin
Entry off of 15 min higher high.
Trade stängt manuellt:
I decided to close my trade this morning at 0.001127 for a 3.43% gain. I closed because of lack of time and I would rather take profits now then get rejected by the weekly trend in the short term resulting in fewer points for the chartoff tomorrow. It's a risk that I'm taking but I would rather take profits and get out now instead of risking points.
Kommentera:
A bit more explanation of what I see in ETC: I saw a good opportunity in ETC as it had been in accumulation for quite a few weeks now but was still holding its last weekly uptrend start. This is why I set my stop loss at 1057 (a little bit below the weekly). It has also been pushed down by a weekly trendline for a while which I think will eventually act as an ignition for ETC to make a larger move.
Frånsägelse av ansvar

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