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philipdinu
Dec 30, 2017 8:33 PM

NXTBTC - Reversion to the Mean - Swing Trade 做多

NXT / BitcoinBittrex

描述

Price has recently had a very powerful retrace through the 4H and daily MA cloud. With the bounce off of the bottom daily FAMA and price action indicating bullish momentum, opening up positions with tight stops to catch the swing to the upside of the MA cloud.

交易开始

Opening positions due to price action.

交易开始

Adding target to the chart for +60% around 7400 sats. Target was taken from .618 fib extension of the recent movement which also correlates to the top of the cloud.

交易手动结束

Closing positions on break even due to price action.

评论
abolfazl909
Do you think its the time to change bitcoincash with nxt?
philipdinu
@abolfazl909, Right now I'm looking at NXT as a very short term swing trade with Ignis/Ardor launching soon, maybe a quick 60-100% depending on price action. Bcash weekly chart is looking bullish for the coming weeks and better for a longer term hold.
Toni7
Literate TA. what would be your exit point ?
philipdinu
@Toni7, updated with target one.
Toni7
@philipdinu, I sold 10% of NXT at 0.72727500. Thank you.
philipdinu
@Toni7, Nice, any profit is good profit. I am still in this trade for now as price action is indicating a move higher.
Toni7
@philipdinu, Agreed with you. I am keeping my eye on it as well to sell another portion of capital. Good luck to you and Happy New Year!
philipdinu
@Toni7, Thank you, Happy new year and happy trading to you too =)
Toni7
@philipdinu, Thank you mate !
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