Be a range trader and make plenty of profit

District0x Network / US DollarHITBTC

Descrizione

⋅ 11 dic 2017 17:03

HITBTC:DNTUSD

Watch this coin. Support is at $0.03 and Resistance at $0.05, The trade is buy on support and sell at Resistance for 50% profit.

Such movement is happening daily for almost a month.

I was tired of looking for breakout. However, one can enjoy good profit with picking the trade at bottom and sell at high.

Signal :

Buy :
$0.03-$0.035

BTC value varies, please decide based on the $ value.

Target
$0.05 - $0.06

Stop loss.
$0.025

MACD and RSI may not help here as it is based on the range. Blindly buy at Support with sl and sell at resistance.

Good luck.

Commento

⋅ 14 dic 2017 01:54

Finally, it broke the long time resistance. It should sustain for next moves.

Commento

⋅ 15 dic 2017 04:14

100% return in few days. The range is 100%, so breakout of that would give 100%. Hence, Target would be 1.2 $

I would book profits at every resistance and buy back at lower levels.

Note : If you are away from the desk, please setup Stop loss (SL) and Targets.

Commenti

pwitzz

⋅ 15 dic 2017 04:15

so this coin just does this continuously?

maheswar81

⋅ 15 dic 2017 04:25

@pwitzz, it was. Just brokeout.

I will update once it is back to the range.

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