SoT 2.0 Chartoff March, Week 2

This time we have WPR. We are looking to close out of a valley and breaking the current downtrend.
This downtrend has been touched and tested already.
WPR seems to have some support at the 309 hourly level. I would enter a little bit above that at 310, just in case it doesn't backtest that hourly anymore.
Stoploss is set at 293 which is just 1 sat below 294, the hourly level on the uptrend that has not been tested yet.
It's currently laddering up so would be a could moment to enter.
First target to sell off 50% would be 345, which is a tested daily level.
After that, we have a lot of room to move up as the next target is a daily level @ 371 which is untested.
Therefor we should sell the other 50% a little bit below at 369 in case the move fails to touch that level.

评论:

Our entry level was hit so we are in the trade now at 310.

Also, in my original post, I made a spelling mistake.
"It's currently laddering up so would be a could moment to enter."
should be
"It's currently laddering up so would be a good moment to enter."

交易手动结束:

I’m manually closing this trade to be in time for the stream. Price at the time of writing is 315.
Would have hold longer because the fact it dropped a little bit is due to BTC moving up recently.