I originally wanted to talk about the trend later, but when I woke up in the morning, I saw that these altcoins had fallen a lot, so I arranged the analysis early.

SHIB rose in the early morning and then followed the decline of Bitcoin, breaking through the trend line. You can leave at this position. Although it may close again, no one can predict the amplitude of this pin. Because I have reduced my position by half some time ago, and the cost is relatively low, I am bullish on the future market, so I did not move the stop loss to the vicinity of the trend line and continue to hold the position and observe.

I bought TLM from the bottom and accumulated a lot of profits by the highest point, so I moved the stop loss to near the support level yesterday. However, the trend fluctuated greatly and it has been broken through significantly today. I will not track it in the short term and let it slow down first.

API3 also said yesterday that if it hits the pressure level and pulls back, you can make a short-term profit-taking. From the perspective of smuggling, although it fell back to the rectangle, it did not break through the bottom of the rectangle, so it is not very bad. We continue to be bullish. Those who took profit yesterday can take some goods back appropriately.

BICO hit a high and then fell yesterday. In fact, after buying on the pullback, the cumulative profit was almost 10%. I also wanted to leave first, but the trend was too fast and I didn’t react. Then it fell below the support. This is a bad signal, and it is very likely to trigger a stop loss. Considering that buying on the pullback did not give a large stop loss, I did not move the stop loss to the opening position. Let it continue to move. If it continues to fall near the low point of the triangle, I can still find an opportunity to ambush. For now, I will wait and see.

In fact, the most feared thing in trading is not stop loss or losing money, but a breakdown in mentality. If you have been prepared to deal with various trends before entering the market, then there will be nothing unacceptable when a reverse trend emerges.

Risk warning: Altcoins fluctuate greatly, so operate with small positions to gain big returns with small investments. $SHIB $TLM $API3 $BICO

Thank you for your attention, please like and forward.

I wish you all happy making money.