Hello dear friends. The previous short position did not work, but we reversed the position and got the desired profit of more than 1000 points.
At this time, I am extremely cautious - but I look towards long positions, because we had a bullish channel, a triple peak, an ascending triangle, as well as an impulse - which I wrote about yesterday (yes, all my thoughts that I wrote in comments - they came true)
We bought (opened long) from 24680
target 25290 - 25870 - 26440 - 26940 Stop loss at 23300
For so much time of my trading, I understand that it is not necessary to trade on my expectations, as well as against the market.
Likewise - my subscriber wrote to me, why am I analyzing the market so well, and hold a losing position to the last?
Indeed - thanks for the support, I will fix it.
All pleasant and profitable trades. Happy Holidays to you all
We have fixed 2 target positions (25870points/$) at 25% of the position balance.
Also in my TG I gave a recommendation again, just copy and paste here: Friends, I understand that this is dangerous, very dangerous, but I want to write to you that I open a small long position from the current price of 25500 to update 26000 and 26500. so ... If you want to re-enter this entry long after me, please observe all aspects of correct trading, set a stop loss, and also do not trade on the entire deposit, respect your risk and money management.
Buy (#long): 25500 Target: 25890-26180-26500-26960 stop loss at 25000.
1ST target Done - Stop loss put at breakeven✅ 390 points/$ in our wallet
UnknownUnicorn13204076
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I understand that the price is moving in our direction, but with strong sales (if any), you can lose your earnings. That's why we fix the profit
UnknownUnicorn13204076
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we will fix half of our position at this mark 25400 stop loss at breakeven
UnknownUnicorn13204076
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I also understand that the 24000 price level was a magnet, was a resistance, and that the price will return to this level, but for now I am looking towards long positions.
Mastertrading2020
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Hi,
A big reversal is expected, i believe the price could raise to 26.000 before the reversal. The amount of investment has been huge to push the price up.
Happy trading,
UnknownUnicorn13204076
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@Mastertrading2020, Hello, anything is possible, because this is crypto trading.
So far, I am evaluating the position in long, despite such an increase without correction.
Maybe I'm wrong, but I also think that the price could go up to 26-27k (and possibly more.
(Only if this is not a false breakout of the price ...)
If my stop is reached, then everything is not so good for longs.
Plus - if you look into the future, you can see how the head and shoulders are outlined
I will be very careful with trading, because at such values, with such marginal values of the price, there can be strong impulses in both directions.
I also understand that growth without corrections is impossible - but for now I will stick to my plan.
If something changes, I, as always, will write here in the comments.
Thank you for a profitable bidding. And happy holidays
Also in my TG I gave a recommendation again, just copy and paste here: Friends, I understand that this is dangerous, very dangerous, but I want to write to you that I open a small long position from the current price of 25500 to update 26000 and 26500. so ... If you want to re-enter this entry long after me, please observe all aspects of correct trading, set a stop loss, and also do not trade on the entire deposit, respect your risk and money management.
Buy (#long): 25500 Target: 25890-26180-26500-26960 stop loss at 25000.
1ST target Done - Stop loss put at breakeven✅ 390 points/$ in our wallet