$BMT Long setup: the inducement was swept, the new high is the target
Long
Entry 0.02871
Stop 0.0276
Take profit 0.03093
Big leg on BMT: 51% in 33 hours, 26% on the day. After a 16% retrace price made a new high at 0.03093, which left 0.02881 behind as the inducement. The stops under 0.02881 are taken. Price is parked in that area and the high at 0.03093 is still there. Stop 0.0276, target 0.03093. I'm paying 3.87% of risk for 2 times that in reward.
DYOR.
#BMT #Altcoins #TradeSetup
Long
Entry 0.02871
Stop 0.0276
Take profit 0.03093
Big leg on BMT: 51% in 33 hours, 26% on the day. After a 16% retrace price made a new high at 0.03093, which left 0.02881 behind as the inducement. The stops under 0.02881 are taken. Price is parked in that area and the high at 0.03093 is still there. Stop 0.0276, target 0.03093. I'm paying 3.87% of risk for 2 times that in reward.
DYOR.
#BMT #Altcoins #TradeSetup
