PAY/BTC Start with Daytrading some Swing on this Coin
You can see some fibonacci levels on the chart and we will start to buy from this levels and sell eventually at a higher level!
Which buy level?
0.000163
0.000143
you can choose one of the targets or use Kapital management to invest wisely.
The Rsi looks not a perfect moment to buy but rather to sell you coins. its not really on the top thats why we can buy at 0.000163
eventually if the price drops the rsi will drop too thats why the other buy levels.
we will start buying at 0.000163 with 5% of our capital that we have stored for trading.
we dont use a stoploss this time but we will rebuy at those levels above.
if price drops to 14k satoshi we will enter again and this time between 5% and 10% of capital.
When to Sell?
You can sell at every level at least 20% of your coins. we will sell 50% each time with this coin
Sell Targets:
0.000175
0.000168
0.000163
0.000158
for example dont sell exactly at 0.000175 but watch the sell orderbook and see if your order will go through!
Which buy level?
0.000163
0.000143
you can choose one of the targets or use Kapital management to invest wisely.
The Rsi looks not a perfect moment to buy but rather to sell you coins. its not really on the top thats why we can buy at 0.000163
eventually if the price drops the rsi will drop too thats why the other buy levels.
we will start buying at 0.000163 with 5% of our capital that we have stored for trading.
we dont use a stoploss this time but we will rebuy at those levels above.
if price drops to 14k satoshi we will enter again and this time between 5% and 10% of capital.
When to Sell?
You can sell at every level at least 20% of your coins. we will sell 50% each time with this coin
Sell Targets:
0.000175
0.000168
0.000163
0.000158
for example dont sell exactly at 0.000175 but watch the sell orderbook and see if your order will go through!
Comment:
Pay is again at .000155 btc and we have sold all of our coins.
Now we can enter between 0.00014 - 0.000155
We use this time a StopLoss at 0.00013250 btc
Risk/profit 5%/45%
Targets at
.000163
.000173
.000185
.000215
Choose at least 2 targets to sell.
Now we can enter between 0.00014 - 0.000155
We use this time a StopLoss at 0.00013250 btc
Risk/profit 5%/45%
Targets at
.000163
.000173
.000185
.000215
Choose at least 2 targets to sell.
Comment:
So you can see that we had to sell all of our Position at 0.00013250 BTC.
We are now Above the 0.00011600 BTC the 38.20% Level But when we break this Level we will see Next Support at 0.00010700 btc
On th otherhand we see real Resistance with the Gann line 2/1 so thats now our leading line. If we break this one than we are in a new up trend!!
If we dont break the 2/1 Blue Gann line than we will see the next bottom.
So for now we wait for the close above this Blue Line and than we buy or Wait until good support between 0.00010100 and 0.00010000 btc.
And please dont panic sell and always have a back up plan like a Stoploss or Capital management strategy!
We are now Above the 0.00011600 BTC the 38.20% Level But when we break this Level we will see Next Support at 0.00010700 btc
On th otherhand we see real Resistance with the Gann line 2/1 so thats now our leading line. If we break this one than we are in a new up trend!!
If we dont break the 2/1 Blue Gann line than we will see the next bottom.
So for now we wait for the close above this Blue Line and than we buy or Wait until good support between 0.00010100 and 0.00010000 btc.
And please dont panic sell and always have a back up plan like a Stoploss or Capital management strategy!
Comment:
Time to set a buy order in the orderbook!
Buy at 7600 Satoshi
Stoploss at 7400
Targets:
Short term 8600 - 9350 - 10000
mid term: 11600 - 12850 - 14000
longterm: 18000 - 21500
We will posting Updates and what to do at the moment, because we need to hold a eye on Bitcoin. When BTC rises than its good moment to stay in PAY but when price of btc falls than its better to stay out of this trade.
use Capital Management with this Traded!
If you have questions don't hesistate to leave a comment.
Buy at 7600 Satoshi
Stoploss at 7400
Targets:
Short term 8600 - 9350 - 10000
mid term: 11600 - 12850 - 14000
longterm: 18000 - 21500
We will posting Updates and what to do at the moment, because we need to hold a eye on Bitcoin. When BTC rises than its good moment to stay in PAY but when price of btc falls than its better to stay out of this trade.
use Capital Management with this Traded!
If you have questions don't hesistate to leave a comment.
Comment:
So we hit multiple targets
target at 8600 - 9350 and 10000 Satoshi
we hold our position with a stoploss at 7350 satoshi
if you want to buy again
buy between 7600 - 8600
target at 8600 - 9350 and 10000 Satoshi
we hold our position with a stoploss at 7350 satoshi
if you want to buy again
buy between 7600 - 8600
First it went down to 0.00015 BTC and didn't hit our next buy Target so the price went UP!
First Target 0.000175 BTC we sold 50% of our coins
Next Target 0.000215 BTC the Price just up without Hitting our Stoploss each time the price went up.
Between this two targets we had Stoploss
When the price was above 0.00019 BTC we had a StopLoss at 0.000185 BTC But the price went up so we removed our StopLoss and set a Sell order at 0.000215 BTC.
Congratulations for those who went on in this Signal!