Entered into long 21.03 Flat Stoploss at 20.70 Will close if holds below 21.85.
Targeting 24 and 28.
Note: Not a Financial Advice.
Trade active
⋅
Comment
⋅
Up 2% from entry. Moving stoploss to 20.90 to minimize the loss.
Comment
⋅
30% position closed at 24.55. TP 1 Hit. Letting the rest ride with stoploss at 23.20 as it have claimed the 24 level. Things looking interesting here. The recent squeezes and volume is interesting. If it holds the level or Deviate from below 24 this is going higher then 28.(36,40 or even 50 maybe who knows). I'll try to add more if i see something unfamiliar and will hold for higher targets.
Also, may I ask what's the leverage you used? Of course it's a personal decision, but I believe I was too conservative using only 3x entering at 20.95$ after BTC quickly bounced back from 48k. Maybe I'll readjust the leverage if we have a positive bounce now we've broken the 4h triangle.
ROBO416
⋅
@brunomcf that was 20.85. I use 3x leverage mostly and at some point if there is any marked by me for myself i adjust leverage to 5x or 6x and add more margin. when that point is cleared after that i adjust stoploss slightly below the entry. The main thing is i am too careful about stoploss and trades and alot of times i end up closing my position (because of over leveraging) and the setup still works.
brunomcf
⋅
@ROBO416, Yeah. Tight stop losses, and incresead leverage will get us stopped. Thanks for your fast reply.
ps: insane funding fees currently on Bybit.
ehsan15731573
⋅
Can I ask what kind of education should I take to learn?