Crypto Kraze Trading Results | 20% Profit Generated on $Monaco Trade in less than 24 hours

in #bitcoin7 years ago (edited)

CryptoKraze Technical Analysis Results



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Hey folks @cryptokraze here and I am going to show you results of my Trade call on $Monaco that I posted yesterday. It proved out to be a very good entry and more than 20% profits in less than 24 hours.



I posted $Monaco entry based on bullish flag formation. Let's have a look at it what I posted and what is the current situation.

$Monaco is forming Bullish Flags | Good to Buy for Scalping

This was the chart I posted at time of my entry. As you can see $Monaco has made a big impulsive move and now it has formed a bullish flag. This is very common pattern in cryptocurrencies, whenever a coin breaks with big impulsive move, it pull backs and wait for some time before making next impulsive move.

Now we will look at the current price in below chart

mco profits.png

So the result of this trade based on bullish flag pattern is obvious because trade is going nicely in profits. I have Exit at 0.00112000 because RSI was approaching above 70 level. In this way, I have managed to profit 20% in less than 24 hours.



Have a look on my other Posts

Breaking Barriers with Steem Education Initiative

SEI Rewards System for Members | Post of the Day Promotion |

Averaging Technique in Crypto Trading



Disclaimer
Crypto Trading is risky business and you can loss partial or full amount of money. Trade at your own risk with that money only you can afford to lose. Bitcoin unexpected move will make this analysis void.



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your post all so good. i like it@cryptokrazeDQmYfKYGX2M8Qc8nNUi6TqUzHKoeLmafZ6PVBMjt7wjXe5R.gif

Some Bitcoin trading platforms abroad have already passed this short selling function such as HUOBI, OKcoin, and others (although this feature has many financial problems made like Bitstamp, Itbit, bitcoin.co.id do not want to apply this feature to avoid liquidity risk) .

What platform platform do you like Bitcoin.co.id can we make short selling to increase profit?

To do this technique required 2 conditions:

You love Bitcoin (because it takes the initial bitcoin stock that you do not want to melt)
You are confident that the market will be shorting will experience a decline in prices.

Nice @cryptokraze

I try to understand what you write with google translate, though I have never plunged into the trading world, but I hope what happens to bitcoin now will quickly return to normal.

Hey thanks a lot got 20% on crown and monaco.thank u so much god bless you.

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