alanmasters
Long

[CHATBTC] ChatCoin Full LONG Trade - Alanmasters [777%+ PP]

BINANCE:CHATBTC   None
I've been tracking ChatCoin for a few weeks now and this coin seems strong enough for a long term trade.

Charts, signals & indicators
  • RSI is oversold on the weekly. As well as the STOCH indicator.
  • MACD is trending up with huge momentum, yet there is still plenty of room left for growth.
  • Massive volume showing up, the type of volume that precedes a bull run.
Note: The above chart is the daily chart . The signals mentioned and trade is based on the weekly chart.

Let's make some money trading ChatCoin now ( CHATBTC )...

ChatCoin ( CHATBTC ) trade by Alan Masters

Buy in:

(1) 280 - 320
(2) 256+

Targets for CHATBTC:

Short term

(1) 377
(2) 427
(3) 492

Mid term

(1) 560
(2) 630

LONG

(1) 900
(2) 1333
(3) 1650
(4) 2050
(5) 2688 ( ATH )
(6) 3199


Stop loss: Close weekly candle below 200.

Capital allocation: <10%.


Tips:

- This is a long term trade. Not all targets are meant to be reached. They are used for reference for selling for profits.
- Simply aim for profits. You can start selling as soon as you hit 10%, 20%, 30%, profits, etc.
- When in doubt, don't trade. Hold, wait, go out and breath deeply... Take your time, always calmed and relax... patience is key. Once you are sure, check the buy in.
- Use a stop loss when you are trading in a "choppy" market. If the trade goes bad, you get out with a 5-15% loss. Since you are diversifying (which is a must), using 5-10% of your capital per trade, your loss will be small, if this one doesn't go as planned, same with the other trades.
- As soon as we start to hit our targets, which is already happening for our other trades, raise your stop loss to buy in price. This will ensure 100% profits only after we move, as you would be
kicked out of the trade above buy in if the price starts to go down again.


BECOME WHAT YOU WANT BY SEEING YOURSELF AS YOU WANT (VISUALIZE)

For growth, development, wealth and success.

Visualization can be used, as an incredible tool.
You can see yourself, in your mind as you want and overtime it can become true.

Think about your dreams, wishes and desires.
Just by thinking, these things you can acquire.

As time goes by and you focus in your mind in that world of your own.
You will see how everything around you will transform.

Namaste.
Comment: All fib levels:
Trade closed manually: Binance delisting. Trade closed.
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