Hello friends,
My altcoin for today is on EKT on the Huobi Exchange.
It is one of the few altcoins that has a strong uptrend against bitcoin.
During these bearish times for altcoins, it might be easier to not trade them at all, and wait for better times.
However there are still opportunities every day.
EKT has made the 0.786 Fibonacci as a support and my target is now headed for the original weekly close price: 0.0000197
The entry is not optimal right now, so I am waiting for a retracement between 0.0000133 and 0.0000140
My stoploss level is 30% because I don't want to get stopped out on the wick.
Good luck, and best regards. Jack.
My altcoin for today is on EKT on the Huobi Exchange.
It is one of the few altcoins that has a strong uptrend against bitcoin.
During these bearish times for altcoins, it might be easier to not trade them at all, and wait for better times.
However there are still opportunities every day.
EKT has made the 0.786 Fibonacci as a support and my target is now headed for the original weekly close price: 0.0000197
The entry is not optimal right now, so I am waiting for a retracement between 0.0000133 and 0.0000140
My stoploss level is 30% because I don't want to get stopped out on the wick.
Good luck, and best regards. Jack.