Long
WAVES/USDT - Long from Breakout of Local High
What a nice and rainy day today! Everything is so green outside! Please leave a like if you find value in this post! Thank you for the support and best of luck to all of you!
As BTC dominance (BTC.D) declines and Bitcoin continues to consolidate, the alts have seen some incredible gains!
If we close above the last local high at 1.2609, then I'm looking to long to resistance, plus I suspect we'll see a little over-performance.
If we do not close above the yellow diagonal trend line, then I would consider closing out this long early to lock profits!
---
Entry: 1.2610
Entry Zone: 1.2117-1.3
T1: 1.325
T2: 1.3525
T3: 1.41
T4: 1.50
T5: 1.5323
Stop: 1.1930
--
R:R: 3.99
Risk: 5.39
Reward: 21.51
Leverage: 4X
Leveraged Risk: 21.56%
Leveraged Reward: 86.04%
---
Disclaimer:
This is not financial advice; I am not a financial adviser. This information is not meant to be used for financial advice, nor trade ideas. These posts are simply a record of my trade ideas and are intended for educational purposes only.
As BTC dominance (BTC.D) declines and Bitcoin continues to consolidate, the alts have seen some incredible gains!
If we close above the last local high at 1.2609, then I'm looking to long to resistance, plus I suspect we'll see a little over-performance.
If we do not close above the yellow diagonal trend line, then I would consider closing out this long early to lock profits!
---
Entry: 1.2610
Entry Zone: 1.2117-1.3
T1: 1.325
T2: 1.3525
T3: 1.41
T4: 1.50
T5: 1.5323
Stop: 1.1930
--
R:R: 3.99
Risk: 5.39
Reward: 21.51
Leverage: 4X
Leveraged Risk: 21.56%
Leveraged Reward: 86.04%
---
Disclaimer:
This is not financial advice; I am not a financial adviser. This information is not meant to be used for financial advice, nor trade ideas. These posts are simply a record of my trade ideas and are intended for educational purposes only.
General Inquiries: t.me/cryptoguru369
Twitter: twitter.com/CryptoGuru369
Twitter: twitter.com/CryptoGuru369
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
General Inquiries: t.me/cryptoguru369
Twitter: twitter.com/CryptoGuru369
Twitter: twitter.com/CryptoGuru369
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.