It's my old strategy, from stocks markets. I'am curious if entry like this will pay good here. I changed my view on cryptomarket overnight. Rebuyed my 30000XEMs (25% of all od my XEMs) and try to close this position in TP3 place (48cents). But when someone wants manage more logical entry like this must divide profits in 3 stages (3 blue lines in my chart, 32cents, 40cents, 48cents). Basically that are levels based on Fibonnacci and Elliot's waves counting (wave 5th - if she will be constructed by market, could be 50%, 100% and 150% of previous wave 3rd - can be even more but i use only this three extensions). SL must be under pink line when 1H candle closes significantly under this line. I personaly dont use SL here as i rebuyed my XEMs from my old stack, so i lose nothing if it go lower. But for speculative entry SL must be used. And how to manage this position with profit taking? 50% quantity of position must be closed @ 32cents, and SL goes for the rest of position to the entry point (around 26cents). Than if market goes higher 25%-30% of position is closed @ 40cents, and the rest @ 48cents.