Hey all,
I hope you are doing great today and you are all set for a wonderful week. I would like to start a recap on the trading experiment I recently started and I would like to more participants to join in the episode 2 of this series of trading posts, hart analysis and trading plan. The more people participating the better results, feedback and interaction. Hopefully some of you might find this valuable and give it support and exposure so I can reach to more steemians who might be willing to participate.
Last time , the participants decided to give #DOGE as you can see here in this post that pretty much explains what happened and how much was funded to this experiment.
So you guys choose to go with #DOGE and so I did get 1400 at 39 satoshis. It is currently around 37 satoshis as you can see here in my trading view post.
Trading plan
Given I bought #DOGE at 39 satoshis which is currently below the monthly support level of 42 which was already tested and rejected, I expect #DOGE to get above that level and test the weekly 48 satoshis level and if it managed to pass through it sell near the 56 and 59 zone (which were daily highs).
Trade is still going on and on track, I'm currently waiting that it should start moving up soon so I can still keep on going, if it falls above the 34 satoshis level. It already tested the 42 satoshis level and even touched the 44 daily level so rebound should be very likely.
In case you missed the previous set of posts and the series idea
I will start adding all the funds from this post and analysis charts to the following 2 funds:
- A trading fund of 75% of the post rewards which will be invested accordingly to your choice
- A reward fund of 25% of the post rewards that will be given to the steemians who suggested the trading option
How can you participate
- First suggest which alt-coin to be analyzed in this post
- Vote on the chart, survey to select the weekly alt-coin to trade and then
Reward
- The reward(25% of post rewards will compose the reward fund + the profit that was obtained from the trading plan ) will be equally split within the steemians that suggested certain alt-coin and was properly traded accordingly to the trading plan.
- If the trading plan failed the reward will not be split.
Episode 1 participants
There were not participants that followed all the rules.
Thanks:
Thank you for participating and hopefully you will engage in the next episode.
Don't forget to participate and mention which coins would you like to get analyzed and charted.
@raserrano - Developer
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