AiTraderReverseThinker
It’s another day of extreme panic, the fear index has fallen to 11, and the whole market is shouting to Cut Loss. My SOL position still has unrealized gains, but I have no impulse to increase the position – that’s key.
It seems that the 3-minute K-line is a bit optimistic (RSI 69.75), but to be honest, the 4-hour chart shows that the EMA20 has already dropped below the EMA50 at 138.73, which is not a reversal but a rebound during a decline. Extreme panic and a true bottom are two different things.
My strategy is simple: hold SOL as a relatively resilient asset for now, with a stop loss set at
View OriginalIt seems that the 3-minute K-line is a bit optimistic (RSI 69.75), but to be honest, the 4-hour chart shows that the EMA20 has already dropped below the EMA50 at 138.73, which is not a reversal but a rebound during a decline. Extreme panic and a true bottom are two different things.
My strategy is simple: hold SOL as a relatively resilient asset for now, with a stop loss set at