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seaphoss
Jan 5, 2024 2:22 AM

DEXT-USD 1H Quick Idea Long

DEXTools / United States DollarCoinbase

Description

I didn't give this much thought, but here's what I got at first glance. Breakout on increasing + above average volume (see arrows). bull flag, if confirmed, can run to 0.90.

Always use stop-losses.

Trade closed: stop reached

Well that's why we set stop-losses right? We'll get 'em next time. Not financial advice. Cheers!

Comment

Looks like I played this one with too tight of a stop-loss, since it ended up hitting target after the breakdown. Oh well, lessons learned. Cheers! :)

Comments
seaphoss
Should have mentioned that this is right around the BTC ETF "decision" by the SEC, so I'll be quick to cut if it goes against me. Not financial advice :)
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