This setup is a Butterfly. +56% @ TP1 -20% @ stop loss.
If risk for acct is 2% of 100k (2000), then 2000 is 20% of 10k.
R:R is 5600:2000 better than 2:1 to 1st TP. A daily close below stop = loss. Sell 50% @ TP1
#near #crypto #alts #riskmanagement
This setup is a Butterfly. +56% @ TP1 -20% @ stop loss.
If risk for acct is 2% of 100k (2000), then 2000 is 20% of 10k.
R:R is 5600:2000 better than 2:1 to 1st TP. A daily close below stop = loss. Sell 50% @ TP1
#near #crypto #alts #riskmanagement
NEWS: 90% chance on ETF approval
Has been showing relative strength since the tariff FUD.
(Weekly, A.Triangle) Peak Resist 375 1st TP is 240.
(Daily, Flat-Base) Trigger: A break above 140 w/ volume
NEWS: 90% chance on ETF approval
Has been showing relative strength since the tariff FUD.
(Weekly, A.Triangle) Peak Resist 375 1st TP is 240.
(Daily, Flat-Base) Trigger: A break above 140 w/ volume