Long LINA transaction review

Original link: https://muyexi.im/zuo-duo-linajiao-yi-fu-pan/

At 8 a.m. on June 12th, it was found that LINA had a concave shape:

LINAUSDT_2023-06-21_22-53-22_d1370

BTC also just came out of the bottom at the previous low:

LINAUSDT_2023-06-21_22-53-42_7a772

So open a long LINA position.

LINA rose slowly all the way, and at 9:00 p.m., it took on a rising wedge shape.

LINAUSDT_2023-06-21_22-57-33_05b71

Due to the large number of stop losses recently, I looked left and right, worried about profit taking, and finally couldn’t help but take the initiative to stop the profit.

In the next 12 hours, LINA skyrocketed by 30%.

LINAUSDT_2023-06-21_23-02-44_dc960

think

It is not a wrong operation to choose active stop profit after continuous stop loss. However, after a slow rise, there is often a sharp rise. At this time, it is relatively more reasonable to close half of the position or move the stop loss.

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