I'm sharing my TA here mostly for learning purposes. I'm learning hard lessons with my own money.
Yesterday i perfectly timed the last bounce within the bearish flag. Price went up as i predicted, however u-turned back down and hit so hard and so fast while i was asleep.
Luckily, i've set a stop loss on the hourly close of the bottom of triangle at 53308.92. This meant my perfectly timed previous trade went busted and i had to swallow the loss.
But, look at the price level now at $48.400. Had i not swalled that little loss, i could have been rekt now! Who could imagine this huge drop in just a matter of hours, slashing $50.996.15 in a snap.
I might have not set a stop loss yesterday and got caught in this huge drop. Luckily i did. But more importantly i'm also using a trailing stop loss indicator, which calculates the stop loss continuously. If optimized correctly it will save you big time.
Look at this one hour chart. The sell signal triggered one day before the so called blackout. Someone was selling before the drop and indicator did not miss it.
This indicator is Twin Optimized Tracker by Anıl Özekşi and published by Kivanc Ozbilgic on TradingView.
My TA saved me from this drop and the one before. But OTT would have saved me even earlier with prace of mind. Now i'm just waiting for OTT to put me back in the game.
And one more thing,
I have connected this indicator to my 3commas DCA bot. It will put me back in the game even when i'm sleeping. I don't need to do more TA work in order to figure out where the next dip is.
I'll enjoy my brunch now!
Yesterday i perfectly timed the last bounce within the bearish flag. Price went up as i predicted, however u-turned back down and hit so hard and so fast while i was asleep.
Luckily, i've set a stop loss on the hourly close of the bottom of triangle at 53308.92. This meant my perfectly timed previous trade went busted and i had to swallow the loss.
But, look at the price level now at $48.400. Had i not swalled that little loss, i could have been rekt now! Who could imagine this huge drop in just a matter of hours, slashing $50.996.15 in a snap.
I might have not set a stop loss yesterday and got caught in this huge drop. Luckily i did. But more importantly i'm also using a trailing stop loss indicator, which calculates the stop loss continuously. If optimized correctly it will save you big time.
Look at this one hour chart. The sell signal triggered one day before the so called blackout. Someone was selling before the drop and indicator did not miss it.
This indicator is Twin Optimized Tracker by Anıl Özekşi and published by Kivanc Ozbilgic on TradingView.
My TA saved me from this drop and the one before. But OTT would have saved me even earlier with prace of mind. Now i'm just waiting for OTT to put me back in the game.
And one more thing,
I have connected this indicator to my 3commas DCA bot. It will put me back in the game even when i'm sleeping. I don't need to do more TA work in order to figure out where the next dip is.
I'll enjoy my brunch now!
