Yesterday (July 20) I made this trade on ETH/EUR. I had a buy setup before the night (CET). Why buy at €167? Well, I worked of the base at 183/187, the 183 was a small dip. Anyway 10% below 183 is about 167 so I figure that would be a nice enough drop below that base to buy some. Then when waking up I saw it already bumped over 180 again. So decided to put in a sell order at 200, which is about 20% above 167. Seemed like a nice percentage to make. Don't get too excited though because it was a €50 trade, but made almost €10. But yeah 20% is 20%, right‽ Not expecting 20% every day, that would be crazy, or not?
I now have buys setup at 170, 165, 160, 150 and even 120. Leaving it like for a couple of days and see what the market does.
Must say that I started trading crypto coins on July 11 and using @quickfingersluc trading style, well I'm attempting anyway 😀.
Feel free to leave comments if you feel I'm doing it wrong or just want to say great or ask something.
Steve