The graph is commented on the main aspects of the operation.
Also MACD+DI is showing a buy signal.
Buy: Crossing of Kinjun (pink line) by Tenkan (blue line) from below and with force is a clear buy signal. However, they are a psychological resistance close to 16.0 USD to overcome. Recommended entry should be 16.20 USD Sell: around 19.90 USD Stop Loss: ~ 13.22 USD, but you can use a dynamic SL when the trading starts.
You should not invest more than 10% of your available capital to trade.
Fellows, some people have written to me asking if I have a channel of signals, or something like that, to which they can subscribe, paying or not. I don't have any signal channels. Nor do I agree with the payment signals, pumps, dumps, hold, etc.
But, I can give you my BCH wallet and if you liked this analysis and you won something with it, you can send me a tip, it will be welcome.
RISK CONTROL: We'll move our stop to 16.09 USD to minimize the risk to less than 1%.
Enjoy!
Kommentar
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If you want take profit at 16.9 - 17.0 USD! BTC is rising up and this increase the risk.
Trade ist aktiv
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RISK CONTROL: We'll move our stop to 18.7 USD. We are in +15% profit now!
Enjoy!
Trade geschlossen: Stop wurde erreicht
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We were very close to our target at 19.90 USD, it may even happen. But our SL in 18.7 USD, which we have put in place to control risk and secure profits has been touched in an abrupt decline related to an increase in the price of BTC.
Anyway, we have made a ~15% profit with an excellent control of our operation.
Thanks @tekolo ! Good job! I updated my stop once 19 has been reached ! I put a trailing stop with a .3 distance, 0 risk now :))
tekolo
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@kevin8622, Enjoy! A good trading with excellent risk control.
Detri_Mantela
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Doesn't it bother you that .16 is the upper bordet of its ascending channel? So now it will go only down.
tekolo
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@Detri4228, Thanks for your suggestion. Do you know that bitcoin Gold will be "accessible" on Sunday 12th November?
Developers will release a formal software client for download at 19:00 UTC.
tekolo
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I'm buying a rumor to sell the news.
tekolo
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@Detri4228, Sorry, I answer in the wrong post!
Detri_Mantela
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@tekolo, actually i was wrong. There aren't any upper border line yet. So 19.2 easily can be the next stop.
tekolo
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@Detri4228, No problem. I avoided giving an answer because I don't like to contradict other analysts without first reviewing my analysis, I was in it, seeing if I had made a mistake.