Signals description

    Coin

    AUDIO – name of the coin we want to trade
    “Sell/Short” or “Buy/Long” – In what direction do we want to take the trade? If “sell/short”, we want to speculate on a price decrease, so we want to open a short position on futures. If “buy/long”, we want to speculate on a price increase, so we want to open a long position on futures or buy the coin on spot.

    ID

    #108 – ID of the signal for clarification purposes. If I decide to close the trade early, then I may say something like, “I decided to close the signal ID108 because it got rejected by the resistance and we want to take profit early.”

    Entry

    0.3729 – We want to open our trade at this specific price.

    Profit

    0.3200 – We want to take a profit at this specific price. When the price hits this level, your order will be triggered, and the trade will be closed with a profit.
    14.19% – is the percentage value of a possible profit. The profit level is 14.19% higher than the entry level.

    Stop

    0.3969 – If the market turns against our bias, we want to cut our losses. If the price reaches our stop level, you will be automatically kicked out of the trade (with your stop loss order), because otherwise, if you stay in the trade, you can experience a significant loss on your account. Stop is a protection for you, so you will never lose more than you expect before you enter a trade.
    6.44% – is the percentage value of a possible loss. The stop level is 6.44% lower than the entry level.

    Risk-To-Reward

    2.2 – On this trade, you may gain 2.2 more than you can lose. For example, if your bet on this trade is 1000 dollars, you will end up with 1141.9 dollars if you win and 935.6 dollars if you lose the trade. So you will either earn 141.9 dollars or lose 64.4 dollars. You will earn 2.2 times more than you will lose.

    Expected duration

    24 – 72 hours – When our trade is triggered (entry criteria have been met), I expect 24–72 hours for the price to reach our profit target. In other words, this trade could last 24 to 72 hours. Of course, it’s an expected value; we don’t know how long this trade is going to last.

    Status

    Waiting đź•‘ – is prepared, and you can setup your orders.
    Activated ⚡️ – is already activated, and you should not trade it. You can still trade it if you think it’s a good idea, but I do not recommend it.
    Expired đź”· –  didn’t meet entry criteria and is closed; do not trade it. I may change the status of a signal if I decide to. For example, if the entry criteria have never been met, the trade is too old and we no longer want to take it.

    More info

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