$BTC $SOL Finally, the market has come to life again.
I started entering long positions on Bitcoin at 80000, and on Solana -- from 111. I added to my position in the range of 76000-77000 and just above 100, respectively.
Perhaps, it would have been (and should have been) better to wait and buy lower. But what's done is done.
Moreover, some of the orders have already closed with a profit of 4-5% from the trade.
Going forward, I plan to buy Bitcoin in the range of 74000-75000, and Solana -- a little below 100.
$BTC For the first time, I was able to execute a deal on news so clearly.
After the signing of the decree on the creation of a crypto reserve, I placed an order just above 85000. When it was executed, I immediately set it for sale near 88000.
$BTC $SOL The week ended with two successful trades in Bitcoin and Solana. The return was around 6% and 7%.
Moreover, the purchase price, and then the selling price, was clearly within the range I had set on the chart.
This once again proves: one must follow the established algorithm and not panic during market downturns, not listen to pseudo-experts, but unemotionally buy the dip and take their profit. #TradingTales #Spot
1/20 of the deposit was in play, profit from one trade – 1.2-2.5%.
The result is certainly not impressive. But I am being cautious trading in such a market. I am still waiting for a retest on Bitcoin's zone at 90000, and for Solana – a drop to 175, or even lower. That's when I'll be looking to catch larger movements with a spread of up to 5-10%. For now, it's the weekend, so I can take a break. #solana #trading
$SOL Even in such a "dead" market, I'm trying to trade. So far, I'm only working with Solana at 1/20 of the deposit. Bought at 195, set to sell at 199.5. According to Murphy's Law, the order didn’t go through, just one cent short. Ended up closing at 197.5. But I'm still in profit, even though I only took 1.2%. I entered again at 195. This time, I will sell just below the level of 198. Routine) #solana #TradingTales
$BTC $SOL A few thoughts on the market: week of February 2019-2020.
I really (like many others, I guess) want to see Bitcoin at 105,000 and Solana at 230 to close the pending trades.
But the situation is tense. Donald Trump is churning out new ideas about prohibitive tariffs, so the price of cryptocurrency is swinging from side to side. And on Wednesday, February 12, statistical data on inflation in the US is coming out, which can shake up the market quite a bit.
Regarding entry points into trades: I don't see any arguments to go long on BTC above 92,000 and buy SOL above 190.
The lowest safety orders are open on BTC at 86,000 and on SOL at 160. It's unlikely that there will be such a deep hike for liquidity, but now I won't be surprised by anything.
One way or another, we'll be patient and not make emotional decisions.
P.S. Don't forget, this is just a subjective opinion, not a financial recommendation. #CryptoPatience #trading
$SOL Закрылся ещё один лонг по Solana. Но это скорее везение и урок на будущее, что не стоит торопиться открывать ордер на любой просадке цены. Вход был на 200, тейк -- на 206. Завис на несколько дней. Но, к счастью, вышел в профит. #solana #longpositions
$SOL I continue to carefully long Solana. While the clear market vector is unclear, I am buying back with small orders at 1/20 of the deposit around 190 and closing at +2-4%. I hope for a move above 200. But I also do not rule out a breakdown downwards, so I have two protective orders at 175 and 160. Let's wait for the start of a new week and further developments. #solana #trading
$BTC Friends, don't rush to go long. Remember the beginning of January when bitcoin fell to 91,000, bounced back to 95,000, and then dropped below 90,000 again. Only after that did it soar to 109,600. Be careful. The market is cyclical! #longpositions #Spot