swilton

UNI scalp again

Long
swilton Updated   
COINBASE:UNIUSD   Uniswap
This is my plan. Not betting big, just playing and experimenting.

Phase 1: Half long now, half waiting for greedy accumulation zone.
Phase 2: In either case, sell at heavy resistance targets.
Phase 3: If phase 2 works out, try to reaccumulate and shoot for the greedy sell targets.

Otherwise: If it sinks significantly below $3.70, rethink life choices.
Trade active:
Very confident about this greedy accumulation zone. There's bullish signals all over the place. Easy +10 to 20% to be made down here, even selling below major downtrend resistance.
Comment:
It looks tiny, but I consider a +15% day trade to be really great successful (I skimmed some profits mid-day, from orders I had in the accumulation zone). A breakout here is NOT guaranteed, but would be nice. There's a high probability the accumulation zone is the real bottom, but I'm not happy with the volume and the broader market is also simultaneously at obvious points of resistance. UNI will only break out if everything else breaks out, and vice versa. If it drops back into the zone, I'll rebuy what I skimmed out. If it breaks out, I'll commit to phase 2.
Comment:
Back in $3.89
Comment:
Any takers? I'm happy with +4% any day.
Comment:
:) If I'm lucky, I'll get to reload again
Comment:
Phase 2 engaged. I reloaded, took some profit on the way up during this impulse, and am trying to reload on the cyan lines. Some sell orders already waiting at the heavy resistance targets. Some buy orders waiting below. If the buy orders hit here, I'll probably stop trying to scalp the volatility and just ride it up because we're above downtrend resistance now.
Comment:
Reloading
Trade active:
Phase 3
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