Just now’s surge lifted the pace of $BCH more cleanly than I expected. When the price was churning in the lower range beforehand, my focus was always on whether support was loosening. Once selling pressure didn’t keep expanding, there was a chance for long positions to run.



This time, the long entry was at 207.29. There were pullbacks during the process, but they didn’t break the structure I was watching. Now the price has pushed to 233.03, with unrealized profit at +884.79%. This leg can be considered a rhythm play played out as expected.

I’m not adding any乱 thoughts just because of the rally. The 70/30 is more of a rhythm reminder for handling profits—your protective level also needs to be raised along with it. If you missed it, don’t chase too quickly; the biggest thing trading fears is getting carried away by emotions after you’re in profit.

$BTC $ETH
BCH-2.96%
BTC-1.97%
ETH-1.93%
View Original
post-image
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
  • Reward
  • Comment
  • Repost
  • Share
Comment
Add a comment
Add a comment
No comments