Saditha Kaluarachchi
15 Posts
Saditha Kaluarachchi
Trend follower managing a 6-figure account. Using the OWL methodology (pocket-pivots) to time low-risk entries.
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Long $PEPE here.
3 bull signals so far and this one seems the best in terms of managing risk. Came right inside of a base hence you don't have to chase higher and can lower your risk.
Not trading based on targets. Looking at longer timeframes, it's one of those coins that can really make a big move if $BTC ends up going towards the 140k - 150k range.
Closed my positions in $CETUS and $KAIA to buy into PEPE.
#PEPE
3 bull signals so far and this one seems the best in terms of managing risk. Came right inside of a base hence you don't have to chase higher and can lower your risk.
Not trading based on targets. Looking at longer timeframes, it's one of those coins that can really make a big move if $BTC ends up going towards the 140k - 150k range.
Closed my positions in $CETUS and $KAIA to buy into PEPE.
#PEPE
#plume Doing so well here as it looks to break through its standard base pivot. Has already issued 3 pocket pivot buy points.
Building a nice launchpad IMO.
Anyone on this?
Building a nice launchpad IMO.
Anyone on this?
$TRUMP IS TRUMP COIN THE NEXT 10X?
Initiated a long position here just based on how it's setting up. The initial pocket pivot buy point was too extended to take an entry so obviously had to wait for this to digest its gains and provide another new entry which it did few days back.
Clearly the 50-day is your reference point and if this is to start a big move higher, the 50-day will likely provide support throughout the move.
Took a position in anticipation of holding it for a longer period. (How long I hold it will depend on how this plays out.)
Could this be the one that creates a DOGE/SHIB/PEPE type move?
Initiated a long position here just based on how it's setting up. The initial pocket pivot buy point was too extended to take an entry so obviously had to wait for this to digest its gains and provide another new entry which it did few days back.
Clearly the 50-day is your reference point and if this is to start a big move higher, the 50-day will likely provide support throughout the move.
Took a position in anticipation of holding it for a longer period. (How long I hold it will depend on how this plays out.)
Could this be the one that creates a DOGE/SHIB/PEPE type move?
#StrategyTrade #plume
Sharing how I use pocket pivots to add into/build my position before the standard breakout might happen.
I consider PLUME as a swing trade. No overhead resistance above the all time highs so increases the odds of a more extended run.
How we close today will be key. The close will tell you everything you need to know. A strong wide range bar with a close near the day highs means momentum is likely just getting started.
Added a bit more just now since it looks like today will be the 3rd pocket-pivot buy in a row.
It will be interesting to see how this breaks the all time highs.
Sharing how I use pocket pivots to add into/build my position before the standard breakout might happen.
I consider PLUME as a swing trade. No overhead resistance above the all time highs so increases the odds of a more extended run.
How we close today will be key. The close will tell you everything you need to know. A strong wide range bar with a close near the day highs means momentum is likely just getting started.
Added a bit more just now since it looks like today will be the 3rd pocket-pivot buy in a row.
It will be interesting to see how this breaks the all time highs.
$VIRTUAL #AltcoinTrade
Decided to write a longer trade plan on my position in #VIRTUAL (Daily, Weekly, Monthly charts attached below).
First pocket pivot buy signal since it broke out of its standard base. To judge whether the move will have more legs, you just need to see how the asset runs up before the next consolidation. A very powerful move with volumes signal steady institutional/whale demand and that very like the asset will run further once it gets a chance to digest some of those gains.
Digestion is what we saw as VIRTUAL pulled right back towards its 21EMA. Very natural for a momentum leader to pull back towards the 21-EMA. Thereafter it staged a pocket-pivot buy signal, first since the move began providing an entry for anyone who missed the initial move higher.
I have based my risk off of the 50-day, hence why I have only 2x leverage. Then the plan is simple:
a) Initiate a starter position which I have done.
b) Watch how it does. Any pull back should be tight and on thin volumes. There shouldn't be any sharp breaks in price.
c) If a pull back does happen, it will likely provide additional pocket pivot buy points and I intend on using these signals to add more.
d) Levels to clear - $2.10 and $2.70 remain the most immediate levels to clear. There after it's $3.80 and the all time highs.
e) Plan is to turn this into a position trade all provided it acts right. Could turn into a multi-bagger if so.
Decided to write a longer trade plan on my position in #VIRTUAL (Daily, Weekly, Monthly charts attached below).
First pocket pivot buy signal since it broke out of its standard base. To judge whether the move will have more legs, you just need to see how the asset runs up before the next consolidation. A very powerful move with volumes signal steady institutional/whale demand and that very like the asset will run further once it gets a chance to digest some of those gains.
Digestion is what we saw as VIRTUAL pulled right back towards its 21EMA. Very natural for a momentum leader to pull back towards the 21-EMA. Thereafter it staged a pocket-pivot buy signal, first since the move began providing an entry for anyone who missed the initial move higher.
I have based my risk off of the 50-day, hence why I have only 2x leverage. Then the plan is simple:
a) Initiate a starter position which I have done.
b) Watch how it does. Any pull back should be tight and on thin volumes. There shouldn't be any sharp breaks in price.
c) If a pull back does happen, it will likely provide additional pocket pivot buy points and I intend on using these signals to add more.
d) Levels to clear - $2.10 and $2.70 remain the most immediate levels to clear. There after it's $3.80 and the all time highs.
e) Plan is to turn this into a position trade all provided it acts right. Could turn into a multi-bagger if so.
#AltcoinSeasonComing #VIRTUAL $VIRTUAL
Initiated a position on this pull back with the 50-day as a reference for risk hence 2x leverage. I would like to see $2.30 get cleared. Would make me more confident in adding to my position.
The way the base is built, looks like a prime candidate to make a new all time high.
Initiated a position on this pull back with the 50-day as a reference for risk hence 2x leverage. I would like to see $2.30 get cleared. Would make me more confident in adding to my position.
The way the base is built, looks like a prime candidate to make a new all time high.
#TradeStories #plume
Initiated a long here. Volumes are in to confirm a pocket pivot but need to see prices close above the 10MA as well.
In the case where prices don't close above the 10MA, I'll completely scale out of this position and look elsewhere. Bought it in "anticipation" of a close above the MA.
Initiated a long here. Volumes are in to confirm a pocket pivot but need to see prices close above the 10MA as well.
In the case where prices don't close above the 10MA, I'll completely scale out of this position and look elsewhere. Bought it in "anticipation" of a close above the MA.
#TradeStories #Cetus $CETUS
Taking a long on this pull back. Pocket pivot yesterday. First buy signal off this consolidation.
Very similar to what $SUI signal at 3.60 when entered.
Taking a long on this pull back. Pocket pivot yesterday. First buy signal off this consolidation.
Very similar to what $SUI signal at 3.60 when entered.
#IOTX/USDT $IOTX
Long off this pocket pivot buy signal. Initially looking for a test of 0.0205—Won't rush to book profits. If it does clear this level, 0.022 is possible.
Long off this pocket pivot buy signal. Initially looking for a test of 0.0205—Won't rush to book profits. If it does clear this level, 0.022 is possible.
#DOGE $DOGE
Triggering a pocket pivot buy point here. A good area to build a starter position as it sprints off key moving averages.
Risk below today's low. Looking for a move towards 0.25-0.26 mainly because the 200-day is still rising and generally the slope will act as a magnet for price despite it currently being below the MA.
Are you guys agreeing with me on this?
Triggering a pocket pivot buy point here. A good area to build a starter position as it sprints off key moving averages.
Risk below today's low. Looking for a move towards 0.25-0.26 mainly because the 200-day is still rising and generally the slope will act as a magnet for price despite it currently being below the MA.
Are you guys agreeing with me on this?
#SUI🔥 $SUI
Looking for a potential pocket pivot buy signal here today. Bought some @ 3.60 but for the PP buy signal to come up, we need to see volumes higher than that of April 28th.
Excellent consolation around the 200-day and you can't ignore it. A lot of institutional accumulation signs as well.
Watch the close today. The close is what's important. Next to watch is the price action over the next few days—A strong breakout should always follow through so tomorrow will also be key. Breaking through 4.20 is key IMO.
Looking for a potential pocket pivot buy signal here today. Bought some @ 3.60 but for the PP buy signal to come up, we need to see volumes higher than that of April 28th.
Excellent consolation around the 200-day and you can't ignore it. A lot of institutional accumulation signs as well.
Watch the close today. The close is what's important. Next to watch is the price action over the next few days—A strong breakout should always follow through so tomorrow will also be key. Breaking through 4.20 is key IMO.
$SUI You can't ignore this power move above the 200 day. Looks very similar to how the run began back in September of 2024 where there was a high volume retake of the 200 day MA and then a continuation higher over the subsequent weeks.
For me, reading the potential of an asset is simple: Once it gets going, watch for volumes. Volumes show conviction. The fact that SUI advanced almost 100% in 4 sessions where each session saw higher volume than the prior with prices closing near the high of day tells me that big players are betting heavy on this and aren't afraid to bid higher.
Crack through 3.80-4.00 and then it's very likely we see another impulse wave higher.
I'm looking at this as a medium term position.....$10
#SUI🔥 #technicalanalyst
For me, reading the potential of an asset is simple: Once it gets going, watch for volumes. Volumes show conviction. The fact that SUI advanced almost 100% in 4 sessions where each session saw higher volume than the prior with prices closing near the high of day tells me that big players are betting heavy on this and aren't afraid to bid higher.
Crack through 3.80-4.00 and then it's very likely we see another impulse wave higher.
I'm looking at this as a medium term position.....$10
#SUI🔥 #technicalanalyst
$STEEM Breaking out of a potential reversal pattern.....head & shoulders. Likely how the neckline is heading in the direction of the breakout. Tends to be more reliable.
The target is between 0.19 - 0.20 which is where the 200 day is at and also the target range from the pattern.
#STEEM #analysisreport #technicalanalyst
The target is between 0.19 - 0.20 which is where the 200 day is at and also the target range from the pattern.
#STEEM #analysisreport #technicalanalyst
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