After the impulsive growth of BTC to $31,500, the market was waiting for what would happen next. This gave us the opportunity to open trade transactions, which we will now analyze.
Read to the end, there I closed the deal at +1000%
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My first trade was ETH.
Everything was simple here, I was waiting for a correction, plus there was a good level, which was an obstacle.
After confirmation and a generally favorable situation, I opened a short
The deal could have been handled better. Go higher, but decided to stick to the plan and took profit, because BTC did not break through the lower limit, which meant the cessation of movement for ETH
After analyzing Bitcoin, I found a good entry point and opened several long positions. Everything is clear here, everyone has seen today’s growth. Overall I got about 100%. But as we know, altcoins have high volatility, so I selected a deal for them as well.
OCEAN - everything is simple, good level and analysis. Profitable deal in RM
At its peak it was over 120%. Still in the deal. A short stop loss protected me from losses.
Most interesting deal:
I’m not really a fan of meme tokens, but I couldn’t pass up such a deal.
GRIMACE COIN - traded for a long time in the range of $4-5. With a historical high of $13.
There was a well-traded level and the price was in the zone of interest of buyers. The entry point for the transaction was the warming posts of the creator of the coin, after which the price flew away by more than 70%.
I managed to log in and took profit in parts with a total average profit of about 45%. But don’t forget that this is on the spot market. In a few hours - an excellent result.
Profit 1000%+
Everyone saw the growth BCH showed over the past week. Incredible 120% from $105 to $210
Next we saw consolidation. I was interested in this situation, I opened several profitable short trades, but after closing and analyzing them I realized that there was potential for an even higher move. The short ratio was too high, which meant that they would try to push the price higher. Did I expect a movement of as much as 25%? No, I expected about 10%, but when you do it right and the market brings more, I don’t refuse.
As a result, I received a very good profit (by the way, I don’t understand why the % of profit on the transaction is less than the actual growth, but this does not interfere)
RESULT
Overall these are the main deals I wanted to show. By the way, I shared them and updated the situations when I entered a trade. You can find it by looking at the profile descriptions and we will receive profit together.
#CryptoXVT <- Transactions
^Remember that you always need to distribute risks. Cryptocurrency is associated with high risks.
