Crypto Kraze Trading Results | $Meme has yielded 30% profit in 2 hours
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$Meme has broken out with impulsive move | Bullish Flag Pattern in formation
This was the chart I posted at time of my entry. As you can see $Meme has made a big impulsive move and now it has formed a bullish flag. This is very common pattern in crypto currencies, 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
So the result of this trade based on bullish flag pattern is obvious because trade has nicely hit profit target. I have Exit at 9500 because RSI was approaching 70 level. I have managed to profit 30% in less than 2 hours.
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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bitcoin is an important now a days....
it is essential for steemit...
thanks for sharing
....
carry on dear
Very interesting post!
Very interesting to see.
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What's your prediction now? after small BTC correction, unfortunately I did get involved in this one and made quiet a loss, since after couple succesful trades ( where usually I put small amount of BTC ) decided to go big. Just been wondering what are you thoughts about this one at the moment.