$BTC Didn’t expect a pump all the way to 71K+, so my stop loss at 70,500 got hit today on the last trade -12K. Still, overall PnL from trading this range is at +54K. On my last trade logic was simple, if we go above my stop loss, we’ll probably pump much higher and we went +72k. We’re now back in the 71K–72K resistance zone where I was initially shorting. If I hadn’t taken profits earlier, I’d be sitting at around -7K now since my stop loss would’ve been hit from very first trade already. If 72K gets reclaimed, I’d expect continuation toward 76K–80K. Not doing anything now, just observing.

Share







Source:Show original
Disclaimer: The information on this page may have been obtained from third parties and does not necessarily reflect the views or opinions of KuCoin. This content is provided for general informational purposes only, without any representation or warranty of any kind, nor shall it be construed as financial or investment advice. KuCoin shall not be liable for any errors or omissions, or for any outcomes resulting from the use of this information.
Investments in digital assets can be risky. Please carefully evaluate the risks of a product and your risk tolerance based on your own financial circumstances. For more information, please refer to our Terms of Use and Risk Disclosure.