SolanaShort
Sol lessons learned
After calling the Sol top I thought I could catch a quick compression and upward breakout before a deadcat. Boy was I wrong, the trend is your friend, and the trend was bearish. When Total3 and Bitcoin / coin stock started reversing the entire market should have been obviously bearish. This is exactly why I do not trade leveraged futures for crypto. I also rarely trade things I do not want to own long-term, this allows me to sit in my spot or stake and chill while I plan my next move. I share these charts because I do sometimes add to positions heavily on strongly favored setups, or I will shorter term trade sections of the tokens to build up stablecoin reserves.
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.