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Do you understand this move? $NAORIS The long position really made a profit this time, and the market feedback was such that my first reaction was: the wait was worth it.
Around 0.03535, I wasn't blindly chasing; there was clear support below, after some consolidation it started to rise, and buying pressure was stronger than before, showing signs of capital inflow.
At this position, I simply followed the long idea and advised to enter.
Now the price has reached 0.03961, the space has been realized, with a paper profit of +237.45%.
Such a magnitude makes it hard to stay calm; being able to catch it feels very satisfying.
My handling suggestion is very simple: take 80% of the position off first, don’t let unrealized gains float around;
the remaining small position should be taken lightly, see if there’s still room for continuation, if yes, follow; if not, exit.
For those still in the position, set a clear protective stop-loss, don’t hold on tightly during big fluctuations;
for those who missed this trade, don’t rush to chase, wait for my next signal to follow the rhythm. $BTC $ETH