GM guys đ
Look at how precisely the $RLC setup played out. When I started my analysis, price was in the $0.64-$0.65 zone. By the time I finished writing the post and hit send, price had already pumped to $0.70-$0.71 within minutes. So I told everyone in my chatroom: don't panic, don't chase, it can drop.
And that's exactly what happened. Price pumped to $0.75, then dropped right back to $0.64, my current entry zone. I'll be honest, I was a little sad it didn't reach my recommended entry zone, but at least it worked from my current entry zone. From there it ran all the way to the $0.94 zone and TP3 hit. Now it's pulling back a little, but the trade is still running.
Those who chased also booked profit. But those who waited and followed my plan made much more. Overall a very precise configuration, and I hope you all booked some solid profit.
My other configurations are also running and nothing has hit SL yet. Some of them are on slightly longer timeframes, so give them time and follow the plan instead of chasing moves.
One thing to learn from this: when a token pumps very fast and very high, don't enter. Wait. Moves like that are usually short squeezes and they are temporary. What matters is what happens after the squeeze: either it collapses or it holds a zone. Let the drop come first, then decide.
Stay disciplined, trade the plan. đ„
Look at how precisely the $RLC setup played out. When I started my analysis, price was in the $0.64-$0.65 zone. By the time I finished writing the post and hit send, price had already pumped to $0.70-$0.71 within minutes. So I told everyone in my chatroom: don't panic, don't chase, it can drop.
And that's exactly what happened. Price pumped to $0.75, then dropped right back to $0.64, my current entry zone. I'll be honest, I was a little sad it didn't reach my recommended entry zone, but at least it worked from my current entry zone. From there it ran all the way to the $0.94 zone and TP3 hit. Now it's pulling back a little, but the trade is still running.
Those who chased also booked profit. But those who waited and followed my plan made much more. Overall a very precise configuration, and I hope you all booked some solid profit.
My other configurations are also running and nothing has hit SL yet. Some of them are on slightly longer timeframes, so give them time and follow the plan instead of chasing moves.
One thing to learn from this: when a token pumps very fast and very high, don't enter. Wait. Moves like that are usually short squeezes and they are temporary. What matters is what happens after the squeeze: either it collapses or it holds a zone. Let the drop come first, then decide.
Stay disciplined, trade the plan. đ„