Newton Protocol Update · Futures Trading Trade-Numbers

Last time didn't go that well and that's ok, we take the loss. The nice part is that this is a spot trade so we simply wait. I made the mistake of jumping in too early on the retrace. This position I let sleep and put my focus on something else; eventually, it recovers.

When we make a mistake with a spot position, we can take a small loss and make sure not to repeat the same mistake again; or, we can turn the mistake into a wait. Since we know the market is going up but the only thing off was my timing, I can simply wait.

Ok, enough of that.

Here we have Newton Protocol, NEWTUSDT. The low is still not confirmed, it can be early again. There is no volume and these things are tricky.

NEWTUSDT and we have a lower low now vs mid-July. This means that the previous jump was corrected by more than 100%. All stop-loss orders activated, all weak hands removed. All buy orders filled. Total reset.

When this happens, we have less risk and an even higher potential for reward. It is the same project, but the chart setup is becoming stronger.

With that said, the signals here are early and weak but the market tends to move in unison. Also, seeing how strong the previous jump was, catching a breakout here can produce good results.

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LONG NEWTUSDT

ENTRY: 0.2720 - 0.2940 (STOP: 0.2700)

TARGETS: 0.3433, 0.3858, 0.4563, 0.5133, 0.5703
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Thanks a lot for your continued support.

Feel free to leave a comment if you have any questions.

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Namaste.