💎Weekly altcoin update💎
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💎ADA/BTC💎

💎The descending triangle mentioned in last week’s update has been invalidated as ADA broke out and is currently trading at a minor resistance. As you can see from the earlier VIP post today, I think it’s possible that ADA will continue to go higher. In that case, I’d short between 1330-1370, a strong resistance

💎BCH/BTC💎

💎Unfortunately, BCH broke out before I could long it at the .786 fib level as planned in last week’s update. However, BCH too is approaching resistance. I’m looking into possibilities to short BCH at the resistance between 375-383 or/and at the resistance between 395-407

💎XRP/BTC💎

💎The support mentioned last week is still valid. XRP is currently forming a falling wedge and laddering long in that support could play out well. It’s too early to set the orders, but I’m trying to find the best entry.


💎ETH/USD💎

💎Ethereum has still not been able to break through the resistance mentioned in last week’s update.


💎TRX/BTC💎

Unlike I expected, Tron didn’t go down to that support mentioned in the previous update. However, I’m still convinced that laddering longs in that area could play out well. Additionally, I found that TRX will probably face heavy resistance around 650-665, an ideal opportunity to ladder shorts. No matter in which direction Tron moves, we will be able to play it very soon.

💎LTC/BTC💎

💎After the pump, LTC has consolidated over the past week, which means that the resistance mentioned in the previous update is still valid and LTC is just waiting to get shorted by us. Looking at a smaller timeframe, I see that LTC has found support at 1400 and resistance at 1490, a very narrow range. As we expect a strong market move soon, I’m not to keen on laddering shorts nor longs, but might investigate possibilities for a momentum position.

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💎#LTC
💎SELL 1483-1486
💎TG1: 1475
💎TG2: 1465
💎TG3: 1458
💎STOP LOSS: 1501
💎LEVERAGE: 10-20x

Moving nicely👆

💎#LTC hit 1458

💎First second and third target done

💎36% profit with 20x

💎48% profit if u sold at 1494

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💎#LTC
💎SELL 1486-1518
💎TG1: 1472
💎TG2: 1452
💎TG3: 1428
💎STOP LOSS: 1534
💎LEVERAGE:10x

💎#xbt
💎SELL 3970-3975
💎TG1: 3940
💎TG2: 3902
💎TG3: 3865
💎STOP LOSS:4025.1
💎LEVERAGE:10-20x

Tigten stop loss to 1498 #ltc

💎Target 1 (1472) ✅ 12% profit (10x)

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💎Target 2 (1452) ✅ 25% (10x)

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Not much movement in #xbt
So exit and close trade

💎#xbt
💎SELL 4030-4080
💎TG1: 3970
💎TG2: 3928
💎TG3: 3860
💎STOP LOSS:4130
💎LEVERAGE:10x

💎Target 1&2 ✅ (3928) 26% profit
Move SL to 4054😎💰

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💎#ADA
💎SELL 1445-1460
💎TG1: 1432
💎TG2: 1408
💎TG3: 1374
💎STOP LOSS: 1477
💎LEVERAGE: 10x

💎Target 1 (1432) ✅ 9% profit (10x)

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💎Open a momentum BTCUSD Short at 3886 if it hits that price.
5x leverage

💎place initial Stop Loss at 3978 if the positions opens.

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Now this drop from 3960-3900 and we profited from it😎💰
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💎Trade opened, ladies and gentlemen✅
Now lets fall🔥😎🌴

💎Set another BTCUSD Short play right now-

Essentially one position (when considering positions sizing), broken into two orders-

50% of my order at 3910
50% of my order at 3930.

My budget for these two orders will be the same as my position size for the BTCUSD Short I entered at 3886.

If they are opened, it will dollar cost average my entry higher and I'll be happy to have increased my position in those areas.

It's too early for me to do so now, but after I know which orders are filled- I will then be updating my Stop Loss.