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$DODOX I caught this bullish candle, but only got half the move. I entered at 0.0242 yesterday, looking at a 4-hour breakout above the previous high of 0.0238 on increased volume, with a MACD golden cross above the zero line. Volume of 62.8M backed up the breakout. Today it surged to 0.0302, so I placed a sell order at 0.0298 and exited. Now it’s moving sideways at 0.0293—can’t really say I sold too early, but my mindset while holding was clearly getting impatient, afraid of giving back profits. Typical bear-market thinking I haven’t shaken off yet.


One lesson: hold breakout trades; don’t let a 15-minute upper wick scare you out. The price is now consolidating below 0.0302. If it retests 0.0285-0.0290 and holds, you can enter again, with a stop-loss at 0.0272 (above today’s low) and targets at 0.0325-0.0340. Start with a 30% position. Don’t chase above 0.0302; wait for a confirmed retest.
Technical signal: retest confirmation after the breakout is underway, volume hasn’t faded, bias is bullish. My hands on the charts are more honest than my words. Follow me, and I’ll share the next exit point in advance. #每周来晒 #Gate广场中秋团圆局
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Comment 1
ArbMachine
The 0.0298 limit order price and 0.0302 high price differ by 1.33%, excluding slippage losses. The actual return needs to be reduced by the 0.05% fee. The 15-minute upper wick triggered your conditional order; the system executes faster than a human.