DΞSH
@whereislamb0
Stop trying to catch the market bottom. No one’s giving out medals for it. We wait until it stabilizes—this doesn’t happen in a day. We give it time to show strength, start making higher lows and higher highs. We wait for it to react positively to good news or at least stop reacting negatively to bad news. It starts forming a range. We wait for the range to tighten, look for an entry point, and try to time it around news events. We buy with a clear stop-loss, knowing the first attempt might not work. Either we take higher leverage and multiple tries with stops, or we buy without leverage in small amounts at equal intervals. We take profits as it moves up. We calculate pullbacks as 30% of the down move.
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DΞSH
@whereislamb0
For example, if it dropped from 95 to 78, then (95-78)/3 = roughly 84 (conservatively), which is the first point to start closing some leverage and reassessing the chart. P.S. The prices here are just examples based on current levels—we don’t know where the actual bottom is yet. And most importantly—when waiting for a reversal, we only look at H4 and daily timeframes. None of that five-minute bullshit. Growth should be supported by spot buying, meaning open interest should either rise slightly or even decline.
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