$AKE Market Update.
First, congratulations to everyone who properly followed my previous AKE trade. We were targeting a 1:2 risk-to-reward ratio, and the coin successfully hit the entire target. Alhamdulillah!
Now, I'm spotting another long opportunity on this same coin. The market reacted strongly from a major support zone, and by the time I'm preparing this update, the price is moving within the $0.002750–$0.003095 range. We've already got a breakout along with confirmation.
For this new setup, I've kept the stop loss relatively tight at $0.001687.
Here is how I've planned the upside:
- First Target: $0.004180
- Second Target: $0.005334
- Final Target: $0.006455
The setup offers approximately a 1:3.49 risk-to-reward ratio. Hopefully, this trade delivers another good result just like the previous one. I'll also keep trailing the stop loss as the trade moves into profit.
First, congratulations to everyone who properly followed my previous AKE trade. We were targeting a 1:2 risk-to-reward ratio, and the coin successfully hit the entire target. Alhamdulillah!
Now, I'm spotting another long opportunity on this same coin. The market reacted strongly from a major support zone, and by the time I'm preparing this update, the price is moving within the $0.002750–$0.003095 range. We've already got a breakout along with confirmation.
For this new setup, I've kept the stop loss relatively tight at $0.001687.
Here is how I've planned the upside:
- First Target: $0.004180
- Second Target: $0.005334
- Final Target: $0.006455
The setup offers approximately a 1:3.49 risk-to-reward ratio. Hopefully, this trade delivers another good result just like the previous one. I'll also keep trailing the stop loss as the trade moves into profit.
