Actually, I went to bed quite late yesterday, mainly because I was trading the ENA project. There will be some unlocking of this project this Sunday, so the dealer may push it up first. My personal average cost price when I ambush from the bottom is around 0.8. When it rose to around 0.96 yesterday, I chose to liquidate my position. In fact, this was planned by myself before. I ambush ENA and bottomed out from around 0.9 to below 0.7, and the average price was gradually pulled down to around 0.8. During this period, I also did many swing trades before I brought down the cost price. Now, I see that the cost price displayed by BN is 0.8, and if it rises by 20 points, it will be 0.96. Therefore, I execute the take-profit operation according to my plan, it is just a matter of how much profit to take. Yesterday, I was also hesitating whether I should take all the profits or partially take some of them. In fact, after struggling for a long time, I still chose to operate according to my plan, that is, take all the profits, and wait for the retracement to take them back one by one! Because my previous plan was to stop profit when the price rises above 0.95, and when the price rises, greed will make it difficult for me to operate smoothly, because I will want to stop profit and wonder if the price will continue to rise, like ENS, ETHFI, BB or EDU, etc. However, these are just thoughts that arise from greed after the price rises. In a rational state, we can see that the ENA project has risen by nearly 50 percentage points in just ten days from the bottom of 0.653. In fact, it has risen a lot, and there is a high probability that it will usher in a wave of adjustments!
From the historical trend, 0.97 is indeed a strong pressure point for ENA. Therefore, after comprehensive analysis, it is determined that all profits will be taken out near 0.96. Next, we can take them back from around 0.9, 0.85, and 0.81. Before the unlocking on Sunday, it is not ruled out that it will break through 0.97 and rise to a higher position, which will also be the place where we sell. When I woke up in the morning, I took back part of the position at 0.92. If it continues to rise, I will still choose to sell and take profits. If it continues to fall back to 0.9 or below, then continue to buy back the positions sold before!
Click on the avatar, follow me, and share my bull market strategy layout with fans for free. I will be a free blogger just to increase my fans.If you come to me, I can take you ashore. I won’t let my fans miss out in this bull market! Just lie down!