CYBERUSDT LONG / SHORT PLAN

已更新

Previous Trade Recap:
- I had previously gone long, taking profits partially between the ranges of 5.30 - 5.50.
- Some of the profits I earned were lost in a dump around the wick at 4.70, which was my stop level.

Current Observations and Scenarios:
- I have created both long and short plans at different scales based on significant areas and potential scenarios I anticipate.
- I find value in Cyber not only for short-term trades but also as a long-term investment. However, since it hasn't experienced a serious downtrend yet, it's challenging to estimate the bottom price. Thus, I'm making regular purchases at specific intervals to accumulate.

Potential Trade Setups:
1. Pullback to 5.18:
- If this level acts as resistance, I'm considering going short with a target of 4.7.
- If it shows support, I would wait for it to break 5.30 before making any trading decisions.

2. Revisiting 4.70 Levels:
- If we see the 4.70 levels again, I'll be looking for a long position setup.

Conclusion:
In my trading approach with Cyber, while I’m proactively looking for short-term opportunities, I am also tactically positioning for the long term. Constant evaluation of key levels and adapting my trade plan accordingly is crucial to manage both the potential risks and rewards.

交易進行

~%50 of my orders got filled ~5$ and sadly no entry from 5.30$.. so after all, I wasn't able to get the exposure I wanted while we were getting closer to my first TP level. Looking for pullbacks to refill

註釋

1. Profit Taking Strategy: I'm pleased to see that we've quickly approached my first profit-taking level without breaking the range. Consequently, I've secured profit on approximately 40% of my position. For the remaining portion, I'm adjusting my stop to the breakeven point to ensure that no losses are incurred.

2. Anticipated Long Position: In conjunction with the SPF, should there be a retraction around the 5.50 mark, I'm considering entering a minor long trade. This approach aims to capitalize on potential rebounds or short-term upward movements.

3. Short Position Stance: Currently, I'm not exploring any short trades. My primary focus remains on monitoring the existing position and the potential long trade upon retraction.

交易進行

I decided to initiate a long position with half the quantity I had initially planned for. I believe in the principle of not trading against the momentum, so it's paramount for me to ensure that my strategies align with this belief. If there isn't a swift reclaim of the position, I'll manually stop out to prevent potential losses and maintain the integrity of my trading strategy.

註釋

I closed the second long position after a quick bounce of ~4%, allowing me to recoup some of the profits I missed from not entering a trade at $5.30.

Currently, I am maintaining my initial long position. If there's a pullback to the $5.30 level, I am open to enlarging my long position, contingent on trade confirmation.

註釋

The recent pump in BTC’s price led me to take a small short position, anticipating a potential reversal.

A bearish retest is currently in progress in CYBER, which traditionally suggests the possibility of a subsequent decline.

To protect my long PnL during a potential downturn, I'm hedging my long position.

交易進行

Current Market Analysis:
Considering the current behavior of BTC and its indication of a Swing Failure Pattern, unless positive news emerges, I anticipate a downward trajectory.

Previous Actions:
- In CYBER, I closed my small hedge short position a bit early. However, I made a slight profit by manually stopping out of my long position before it hit the stop loss.

Current Status:
- I currently do not hold any positions.

Short Plan:
- If there is a bounce around the $5.30 mark, I will consider entering a short position.
- But, if the price rises quickly or stalls around $5.40, I consider manually stopping out.

Secondary Short Plan:
- If the $5 support breaks and doesn't recover quickly, I'll execute the second short plan.

This plan serves as my guideline, ensuring I maintain discipline and don't trade based on emotions. Always remember to conduct thorough research and due diligence before executing any trade.

手動結束交易

As we usher in a fresh week, it is essential to recalibrate and reassess our strategies. At this juncture, I do not have any active trades or plans in place, and I'm considering all previous levels as invalidated.

Reflecting on the past week, it has been notably favorable for me. Although my plans for the cyber weren't impeccable, they were sufficiently strategic to ensure I closed the week profitably.

Stay tuned for any new game plans. When devised, I'll be sharing them separately via a dedicated chart.

demirhan.mikro