Disclaimer: I am not trading this idea, but think Lisk is setting up for a fairly low risk trade. I am aware of the re-brand, but haven't looked too closely at other factors that could justify this long trade. I am also long BTC and another rally could mean that alts will continue downward.
Those of you that like/trade Lisk, feel free to contribute any fundamentals that either confirm or contradict this idea.
Those of you that like/trade Lisk, feel free to contribute any fundamentals that either confirm or contradict this idea.
Nota
To mitigate risk, I would limit position size to 3.5% of your account (0.5% risk).Nota
Lisk is currently in both a daily and weekly downtrend, and both are about to expire. We can split this idea into two trades (risking 0.25% per trade) and use wide stops to avoid being left behind in the event of a quick bounce/not reaching our downtrend target.1. Buy at 0.00073601. Leave stop where it is. Position size 1.13%
2. Reduce the original buy order (at 0.00066903) to 1.75% of account
Nota
Well I nailed the trade, but the stop was too tight. Lesson learned; would've been a good one.
Penerbitan berkaitan
Penafian
Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.
Penerbitan berkaitan
Penafian
Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.