Swing Trader Shares How to Profit From Altcoin, BTC Investing

This is the second installment of my trade journal, which includes completed trades on large-cap altcoins XRP and Ether. I’ve found that crypto investors are always curious about each other’s positions and typically these conversations take place in private DMs and telegram chats. 

The goal here is to provide some transparency on my trading routine and I hope traders find the process of observing each step of every trade educational. Trading position sizes have been redacted, but they are always calculated based on a 1% portfolio loss using the stop loss and entry as a guide.

Entry: .00002769 Satoshis (sats)

Targets: I set my first target at .00002933 (sats) which is the first resistance I have identified for a 6% gain. My second target is at .00003085 (sats) which is near the second resistance at .00003297 (sats) and provides an 11.4% gain. I’ve set this target near the main resistance on the chart as this is an area where the price previously had a major breakdown. My sell…