Many wicks there, pumped coin due to low volume. It has established a good resistance zone, so we will play safe here, setup the trade and wait.
So this is the trade for #EVX
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#KNC trade moved quickly
i want to guarantee that i will exit with profit. Since i had my laptop open, i am putting a STOP LOSS at 2%
this is the 1minute chart
We will setup this trade again with the same parameters as it is still valid
so if you didn't put trailing stop loss, then follow the trade
i am waiting to reenter now at some point for better profit 😞
don't forget to always put Stop Loss. BTC might increase in price and then we lose all our trades without stop loss
I just turned on the computer and saw that #KNC moved passed Take Profit Point 1 (TP1). So i am putting a Trailing stop loss. Trailing stop loss will follow the last price with 1% distance. So if the price moves up, my trailing stop loss will move -1% from the current price. If it drops now from this point -1% my trailing stop loss will make the bot capitalize on the gains, but if the price moves higher my STOP LOSS will follow the maximum price! Great right?
Just saw this nice wick for #RDN