petzergling

XCP Bullish Pennant Bottom Entry

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petzergling Uppdaterad   
POLONIEX:XCPBTC   None
5
Not a ton of upside here for the short term selloff, mainly looking for a longer term entry hoping to see a break as the 20ema gets closer to the resistance at 360. Probably will sell off a third of my position and reset my stoploss when it hits the top of the wedge but I dont think the risk reward is good enough to take much of it there.
Kommentera:
Looks like we broke out of the top end reaching our resistance level. Honestly with how nuts these alts are going I think im just going to be greedy and hold my entire position here instead of taking 10% on a portion but I think theres a fair chance that we dip back and at the very least retest the 345-350 area
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