#TradeStrories
Today I performed a trade in NEIRO/USDT with an intraday scalping strategy. The chart of the last 24 hours shows a clear formation of successive peaks, ideal for trading in ranges. I entered after the first bullish breakout around noon (local time), when the price was coming from an upward trend with increasing volume.
I set a take profit near the second peak, just before the bearish reversal appeared, securing quick profits. The stop-loss was adjusted below the last minor support to limit risk. This type of fast but calculated trades allows me to capitalize on small movements in emerging coins like NEIRO.
Is anyone else trading this altcoin? What strategies are you using?