alanmasters
Long

[BQXBTC] ETHOS Finds Support; Up Next [1595% PP]

BINANCE:BQXBTC   ETHOS / Bitcoin
ETHOS ( BQXBTC ) on Binance, has huge potential. This is an altcoin that I have never traded before and I am looking at it for the first time now. I received several requests from our supporters, so let's take a look. (I will be sharing all targets public since I received many requets for this trade. ENJOY).

Here is the weekly chart for ETHOS ( BQXBTC ): 
- The first thing I noticed is that BQXBTC just got out of a massive downtrend and found support around 0.00004324 btc . Now, how do I know this level will hold and BQXBTC won't continue to go down? Good question...
- After months of strong decline, the last four candles that closed all stopped at the same low or higher (higher lows). A hammer candlestick formed, huge increase in green volume and the indicators giving buy signals and marking oversold.
- The MACD is about to have a bullish crossover and curving up. We have bullish divergence on the shorter time frames.
- These are enough signals for me, but there is much more to look at if you analyse shorter time frames.
- Let's leave it here for now... Let's move to our trade!


Trade instructions by Alan Masters Trades

Buy in: Up to 0.00006300.

(*) 0.0000513 - 0.0000555

This is the price range you can use to buy into this trade. Use this price to buy this coin/token/altcoin.

Targets for ETHOS by Alan Masters:

(2) 0.0000731
(3) 0.0000921
(4) 0.0001011
(5) 0.0001611

LONG
(6) 0.000243
(7) 0.000303
(8) 0.000373
(9) 0.000463
(10)0.000573
(11)0.000713
(12)0.000898 (All time high)

(*) 0.0000651 * Target hit 14-Oct. *
---

These are the prices at which we sell for profits. Here we collect the money.
Not all targets are meant to be reached, these are there for reference only. Feel free to sell when you feel confortable with your earnings , collect, be grateful and move on. Thanks!

Stop loss: Close weekly below 0.0000419.

If the trade goes wrong and price starts to go down, we use this stop loss. Here we stop our trade at a loss if things don't go our way.
Note: We don't close a trade just by hitting the price above, but only if the weekly candle closes below this price. Anything other than this and our trade remains active.

Capital allocation: <10%.

We split our capital into several different trades. Diversification is a good way to reduce risk.
Strong altcoins/projects allow for bigger capital allocation, while smaller/riskier ones allow for less.
We focus mainly on big capital for big market cap. coins and low capital for small cap. coins.

Here is our capital allocation strategy:

- We use 5-10% of our capital per trade for strong altcoins, such as Ethereum , Bitcoin Cash , Litecoin, Cardano, etc.
- We use 2-5% for general altcoins.
- We use 0.5-2% for small cap. altcoins.


THE 5 MINUTES MEDITATION: PEACE & RELAXATION

Here is a five minutes meditation, for peace and relaxation.

It doesn't get any easier than this, if you want to relax before you go to sleep.

Sit down, feel free... Soon you will start to breath.

But yet it is very easy. This can help you sleep.

As you sit down and let go of your body; your whole body relaxed and calmed.

You start to breath deeply... breath deeply through your nose.

There is nothing else you need to do, other than breath as much as you should.

Breath in, breath out... For as long as you can stay...

Breath in sitting down... Through your mouth you exhale.

---

Breath in and out again... this is the meditation, this is the game.

Namaste.

P.S. You deserve these 5 minutes for yourself.

You don't have to do anything, nor think of anything... It is relaxation for the mind and soul.

These are your 5 minutes, so do this everyday... Before you eat, before you sleep and, of course, before you trade.
Trade active: We are now within buy in range.
Trade active: Take a look at the chart below:



- After we break the magenta line (EMA50), we are going straight to the blue one (EMA100)... huge potential profits.

Position yourself, we are almost out of buy in range.

So you can later enjoy the profits.

Namaste.
Comment: Really good close on the daily candle.

Expect a short term retrace followed by consolidation and up. Might happen sooner than expected (several days):
Comment: We hit our second target.

Enjoy the profits.

Targets for ETHOS by Alan Masters:

(2) 0.0000731 - Target hit 21-Oct. (+38%)
(3) 0.0000921 - Next target.
(4) 0.0001011
(5) 0.0001611
Trade active: Within buy in range. Feel free to buy in, rebuy and reload.
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Related Ideas

update please...thanks for sharing !
Reply
I'm thinking we are in buy zone now. What do you think alan?
Reply
Hi @alanmasters , Any update for $BQXBTC? thanks
+3 Reply
So, the stop loss at 4k satoshis being the entry at 6k, represent like a 30%. stop loss ir for mitigating losses, in this case, we will be taking a loss of 30 fucking percent? thats crazy , stop loss should be other price, or its not a good trade to risk that money
Reply
Manuu Manuu
@Manuu, i want to understand why we using a stop loss that would make us lose ''only 30%'' ? isnt that too much?
Reply
@Manuu, Look at the upside. This is the market we are in.
Reply
16% loss in 24h
Reply
alanmasters mohamedrickson
@mohamedrickson, Buy in: Up to 0.00006300.

(*) 0.0000513 - 0.0000555 *****
Reply
mohamedrickson alanmasters
@alanmasters, my bad
Reply
You failed this period,
+2 Reply
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