Going Long on GODS. Two Targets.
Also, moving some stop limits on my other #altcoin #trades.
My followers have been tracking GODS the last several weeks and some of them have made out like a bandit with these recent pumps. Just a few weeks ago it was at 14 cents. My entry today was 38 cents which is approx. 170% above where we started on this one. And I love the volatility on this chart! Though I wasn't expecting such a tremendous break to the upside of that ascending channel, the market bulls have proven they have a ton of energy left for more. We can see another bull flag being formed right now.
I will probably trade this one like so:
- Take half at around 48 cents and move my stops up to break even.
- Let the remainder ride trailing my stops along the way.
- Final target will be 62 cents.
- Current SL is 31.6 cents to be adjusted as we go.
- Risk Reward Ratio is currently 4/1
I have also move my SLs up to break even for two trades, Litecoin and ARB.
You can also follow all of my long-only, crypto-only, non-leveraged trades at DropsTab:
Best to you all!
Stewdamus
