$BONK: The 4h RSI fell below 50 while BTC is in an uptrend. I opened a short.
Entry at 0.003031.
Initial stop at 0.003229 (6.5% above). No TP: I use a trailing stop that moves down with the low and closes the position if the price rebounds to it; 7 days is just the maximum.
The risk per trade is small, and I always respect the stop.
This is not financial advice. Do your own research and adjust your risk.
$BONK #trading #cripto
Entry at 0.003031.
Initial stop at 0.003229 (6.5% above). No TP: I use a trailing stop that moves down with the low and closes the position if the price rebounds to it; 7 days is just the maximum.
The risk per trade is small, and I always respect the stop.
This is not financial advice. Do your own research and adjust your risk.
$BONK #trading #cripto