$BTC $BTC $BTC $1000CHEEMS
I went long on SOL with an increased position around 3 o'clock, and then shorted 1000 CHEEMS.
At that time, both BTC, ETH, and SOL were actually falling, while 1000 CHEEMS was rising. This was because the RSI for 1000 CHEEMS on the 4-hour chart was showing a divergence at the top, and the MACD was about to cross bullish, indicating a potential fake-out. A series of indicators were signaling that 1000 CHEEMS was a potential fake-out and would likely drop.
Although I still see bullishness on the daily chart, it doesn't change my approach to taking a swing on the 4-hour chart.
However, for such a low-volume rising coin, I really don't dare to go heavy; I’ll take whatever I can.
For this kind of coin, when I'm asked to go long, I get scared of heights. 🤣