ARKBTC Breakout Trade for 3rd wave Implusive
TA:
-3rd wave valid as it break previous high
-Leading diagonal for the first wave as I still unconfirm till it break the high
-50% retracement of wave 1
FA:
-nil
TP:
-1.272 extension first conservative target
-May break the resistant reach higher target 2.0 extension
-Need more data/wave to estimate the target
Conclusion:
-Good RR trade, Keep for POS 0.00%in wallet for passive income
Game Plan:
A: 50% to keep in wallet for stacking (passive) income and 50% accolocation to trade in and out to increase my stack.
B: Investor will suggest to hold in wallet till previous high to finish 1st wave in the meanwhile increase your stack.
Take note that to reach previous high from current level is 68% gain
TRADE with RISK MANAGEMENT!!!
I am an individual trader, based on personal analysis.
Welcome to share your ideas and let's improve it!
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Looking for accountability partner in the trading journey and grow as professional trader.
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