Update on Sol swing

12 Oca

Unfortunately right after my large entry the market got crushed by a jobs report. This is a benefit of not using leverage, although this trade is on margin, my interest rate is low, and its spot only in an account that has buying power. Since this is a weekly chart we have to evaluate weekly candles, the daily got fairly bearish.

This is also why you need a plan before you enter trades. My plan was to add if we see 190, so I am doing so. My target zone is the green circle, or around 350$ the last day of March. Note a bottoming stochastic RSI and a cooled off BBWP.

18 Oca

İşlem elle kapatılmış

Closed this position around 260$ since I was up so much, I think the trump day could be a sell the news event. I am exposed to crypto so much regardless of this position that it made sense to lock in my win