I've Unloaded All Profit Trades - One for 88% In Two Days!
Trade updates and strategy along with a BITCOIN update.
Traders,
I’ve sold all of my profitable trades at this point. One of our trades grossed us 88% in two days. And though I think there will be more of this to come in the future, I am on the fence right now about Bitcoin. From a technical perspective, we have not created a new high daily candle to reverse our downward trend. So, even though we did close up and inside the channel and we confirmed that yesterday with another candle close inside the channel, to be sure we are going to move further up, we need to beat that previous candle body of 58,200. Because we haven’t done that yet and also due to the fact I will be traveling for the next week, I’ve decided to unload all of my high-risk trades that were in the profit. Should we beat that 58,200 level on our Bitcoin chart below and confirm with another candle open and close above this level, I may jump back in with a trade but it would most likely be a Bitcoin-only trade. All higher-risk altcoin/memecoin trades will likely not be an option until I return to my desk and can monitor price action more closely.
The following are the trades that I’ve closed out and the profit margins on each:
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