Everyone, I want to open a large long position on $DJT .
Take profit: 4.9704
Stop loss: 4.4387 👇
You may be wondering the obvious question: why am I going long here?
First, let’s look at the setup. The latest 15-minute candle closed at 4.583. The take-profit is set at 4.9704, +8.45% from the current price; the stop-loss is set at 4.4387, -3.15% from the current price. That gives this trade a risk-reward ratio of about 2.68.
The average daily volatility is 8.45%. Both the take-profit and stop-loss are within that range—this is a hard rule I set for myself.
Now let’s look at how far it has fallen. The 20-day range is 4.461 to 7.125, and the current price is only at the 4.6th percentile. It has fallen 18.36% over the past seven days.
I had to check that drop twice before I believed it.
Falling from the high of 7.125 to 4.583 is like opening a reservoir gate: water flows out easily, but refilling it means waiting for rain upstream.
This isn’t confidence that a reversal is coming; it’s that the price is cheap enough.
The 4.461 line is the 20-day low. I’m waiting just above it. If the stop gets triggered, the loss is clear; if it holds, there’s room for a bounce.
The overhead supply hasn’t eased, and we’ll need to watch the support below for another couple of days. Those two things will determine how high it can bounce.
Liquidity in small-cap coins dries up at night, so the stop-loss needs to be relatively tight to make sure I can get out.
For the broader market, I’m only watching $BTC and $ETH , but the position size for this trade is based on its own 15-minute chart.
What do you think of the stop-loss distance?
#DJT #FOCO #Cryptocurrency
The above is a record of my personal trading system and data observations, and does not constitute investment advice.
Take profit: 4.9704
Stop loss: 4.4387 👇
You may be wondering the obvious question: why am I going long here?
First, let’s look at the setup. The latest 15-minute candle closed at 4.583. The take-profit is set at 4.9704, +8.45% from the current price; the stop-loss is set at 4.4387, -3.15% from the current price. That gives this trade a risk-reward ratio of about 2.68.
The average daily volatility is 8.45%. Both the take-profit and stop-loss are within that range—this is a hard rule I set for myself.
Now let’s look at how far it has fallen. The 20-day range is 4.461 to 7.125, and the current price is only at the 4.6th percentile. It has fallen 18.36% over the past seven days.
I had to check that drop twice before I believed it.
Falling from the high of 7.125 to 4.583 is like opening a reservoir gate: water flows out easily, but refilling it means waiting for rain upstream.
This isn’t confidence that a reversal is coming; it’s that the price is cheap enough.
The 4.461 line is the 20-day low. I’m waiting just above it. If the stop gets triggered, the loss is clear; if it holds, there’s room for a bounce.
The overhead supply hasn’t eased, and we’ll need to watch the support below for another couple of days. Those two things will determine how high it can bounce.
Liquidity in small-cap coins dries up at night, so the stop-loss needs to be relatively tight to make sure I can get out.
For the broader market, I’m only watching $BTC and $ETH , but the position size for this trade is based on its own 15-minute chart.
What do you think of the stop-loss distance?
#DJT #FOCO #Cryptocurrency
The above is a record of my personal trading system and data observations, and does not constitute investment advice.
