bigurb
Long

Example of Bid Levels for Position Trading on an Alt Coin

POLONIEX:DOGEBTC   Dogecoin / Bitcoin
Key to these trades is to use a small amount of your account in each one. Don't load the boat on one of these. Look for places that price and reversed in the past for horizontal support levels. Trend line touches and lower bollinger bands touches are also ways I judge support. The more of these that line up at the same time, the more confidence I have to place larger size bids. I always scale in on these trades. These trades can last for a long time before profit targets are hit so you have to be patient.

Bid Levels:
Current Price-40 Sat
32 Sat
24
15

Once all of my bids are filled, or the downtrend is broken I will begin to set my targets and place sell orders. Typically I look for 100% gains for the first target on these smaller, more volatile coins. After that I place targets at resistance levels and/or 200%, 400% etc. Very similar to Brian Beamish though I am not a big user of Fibs.
Kommentar: speculatefreedom.com for more info
buying cheap is always good if there is any chance it will happen at all. But why do you expect more downtrend from here? the green trend may be the bottom. The drop earlier this year was a special thing only preceeding the big crypto bubble. Historically doge is one of those that may rise when bitcoin ethereum and litecoin bubbles burst, then Doge may also rise. Measured in BTC at least (not USD)
Antworten
DE Deutsch
EN English
EN English (UK)
EN English (IN)
FR Français
ES Español
IT Italiano
PL Polski
SV Svenska
TR Türkçe
RU Русский
PT Português
ID Bahasa Indonesia
MS Bahasa Melayu
TH ภาษาไทย
VI Tiếng Việt
JA 日本語
KO 한국어
ZH 简体中文
ZH 繁體中文
AR العربية
HE עברית
Startseite Aktien-Screener Devisen-Screener Krypto-Screener Wirtschaftskalender So funktioniert es! Chartmerkmale Hausregeln Moderatoren Webseite & Brokerlösungen Widgets Stock Charting Bibliothek Feature-Anfrage Blog & Nachrichten FAQ - Häufige Fragen & Antworten Hilfe & Wiki Twitter
Profil Profileinstellungen Konto und Abrechnung Meine Support Tickets Support kontaktieren Veröffentlichte Ideen Followers Ich folge Private Nachrichten Chat Abmelden