Stewdamus' Chart Analysis

Stewdamus' Chart Analysis

80% PP To FT On This Trade

#tradealert #altcoins #traderlife

Stewdamus's avatar
Stewdamus
May 29, 2024
∙ Paid

Traders,

Here’s yet another trade with the profit potential to nearly double your initial investment in a rather short amount of time. If you’re new here my average trade time is currently 11 days. I do swing trading for several reasons. The biggest reason is because it gives me time to enter and time to exit while I do other things and there is not a ton of pressure to hurry to place my orders. And two, it allows my followers adequate time to follow me into and out of a trade without missing too much if anything. And swing trading crypto can be very profitable. Especially, in a bull run. We have won 10 of our last 10 trades for an average profit of nearly 36% per trade and we are just getting warmed up!

So, let’s talk about this trade. I expect the time to target to be around 3-4 weeks max. My final target has us grossing 80% profit. Of course, my followers know that I have a habit of taking profit along the way. My number one rule for doing this is when I hit a level of resistance that I have drawn in the chart below along with a 20% pop in one day. You can always be sure that I will take at least some of my trade off the table for profit then.

On this particular trade…

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