DOCK/BITCOIN - A strong mid term hold. 50% target.
I found a DOCK/BITCOIN setup that I'm willing to wait for.
Trading the weekly chart shows my patience for this 50% gain. But time constraints got me.. Do look at smaller time frames for your TF..
I see there are two ways to take an entry.
(Depending on IF there is a price shock on the market)
#1. Gaining an entry on the trend after PA has been rejected from resistance. I could hold this trade back to resistance (minimum 30% profit) or hold until supply which is 80% trade.
#2. Picking up an order on support once price has busted through resistance and has a little sell off. Always wait for confirmation on breakout trades.
NOTES:
DOCK has already moved 50% in 9 days... however, I still see more upside on smaller time frame indicators.
Check for any upcoming events on Coin Market Calendar.
Always DYOR.
Safe safe.
Have fun.
Trading the weekly chart shows my patience for this 50% gain. But time constraints got me.. Do look at smaller time frames for your TF..
I see there are two ways to take an entry.
(Depending on IF there is a price shock on the market)
#1. Gaining an entry on the trend after PA has been rejected from resistance. I could hold this trade back to resistance (minimum 30% profit) or hold until supply which is 80% trade.
#2. Picking up an order on support once price has busted through resistance and has a little sell off. Always wait for confirmation on breakout trades.
NOTES:
DOCK has already moved 50% in 9 days... however, I still see more upside on smaller time frame indicators.
Check for any upcoming events on Coin Market Calendar.
Always DYOR.
Safe safe.
Have fun.