SNTBTC - possible upward movement to value zone

9 lug 2018

A good Bullish Divergence on MACD-H
A divergence with Elder Force Index, so this is a confirmation.
False breakout developing on the 1H chart, which confirms a possible upward movement because of this price is rejected.

RSI touched overbought zone


I expect it to go up to the slow EMA
Target can also be the +0.5 or +1 ATR

I will decide if I get out at target 1 (first arrow) and with how much.
I could take 1/3 or 2/3 up to the +1 ATR, depending on how the trade develops.



Entry 0.00001144
Target 0.0001180

Stop Loss 0.0001130

R/R ratio: 1:2.5

9 lug 2018

Nota

So what do we see here?

Manipulation on Binance? That's why I use stop alerts, not stop losses:
It did not kill me.

Binance:


Bittrex:

10 lug 2018

Trade chiuso: stop raggiunto

The trade did not reach the target.Target was too positive, I was too greedy, the target should have been the slow EMA, not +1 ATR.