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Took a small position on a longer swingtrade on the memecoin Coq Inu after Avax said they will invest 100 million in Coq Inu in the near future. At the moment of entry Coq Inu had only 100 million market cap so this was worth the risk. Took a small position at the daily downtrend breakout. Take profit decision was based on the 4h double top formation on coq inu. Entry 0.000001136, TP: 0.000005384 (profitly don't accept decimals) size was: 65.991.381,00
Optimism breakout into area without resistance. But because bitcoin was unstable, I only took a defensive position. Bitcoin got rejected at the all time high and was ready to get a correction. This created a fake-out for Optimism, so I manually sold the trade without letting it trigger my risk management. It was a good decision based on the markets trend reversal. Now only 0.78% loss in stead of 8.36 if I would have used risk management
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Never attempt to copy or mirror the trades discussed on this website or in alerts. Attempting to do so may result in substantial financial losses. Alerts are not provided in real-time. For that reason, it is highly unlikely you will be able to buy the stocks at the same entry price, or sell the stocks at the same exit price, to achieve the same or similar profits obtained.