EddieTradez

UMA LONG, pumping out of support into right side of base

Panjang
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BINANCE:UMAUSDT   UMA / TetherUS
UMA potentially entering a pump out of the support area, with a 40% runway to previous ATH. First profit target is previous high of 44.12.
Potential profit taking targets of 20% on the way to 40%. Resistance expected at ATH. Potential add on if confident to add after breakout from ATH

Crypto 2021 Strategy notes:

I enter trades in 5 and 10% positions (of total trading portolio). If possible I look to add to succesful positions to a max of 25% total of portfolio.

For this cryptocurrency 2021 bull market, my profit taking targets are around 40-50%, in quarters, thirds or sometimes halfs. I look for 80-100% gains for further profit taking.

Depending on the coin and cycle of its pumps, I hold some of my position through 100-200-300% returns on the lucky ones, taking profits on the way up. ($LUNA, $ADA)
Dagangan ditutup secara manual:
Closed manually, 30 min hourly candle huge selling pressure wick. Closed at 2% Loss. Trade still fair but I'm out to look for better opportunities

@eddietradezz
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.