CryptoTherapist

RCN-BTC Long Trade Plan

Long
BINANCE:RCNBTC   None
Commodity : RIPIO CREDIT NETWORK
Trade Type : LONG
Trading Against : BITCOIN

Entries : Double-UP Entries throughout the Buy Zone
Profit Taking : 25% at each TP point
Profit Locking : Move SL to break even once TP1 is hit, to TP1 once TP2 hits, to TP2 once TP3 hits and so on

Duration - 1 Week
Investment in trade : 5% of the total Trading Balance.
Prospective Profit : 10% to 32%
Prospective Loss : 9%
RRR : SL to TP1 is 1.13, SL to TP2 is 1.8, SL to TP3 is 2.62 and SL to TP4 is 3.56

Buy Zone/TPs/SL price points are marked in the chart as follows
Greens - Profit Targets (TPs)
Blue - Buy Zone (Entries)
Red - Stop Loss (SL)

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