I decided to re-enter LYN with a position that could prove to be early, reassessing the level after the previous close.
Price is once again interacting with a key resistance area, where a well-defined triple-top formation offers a solid technical basis for the short idea. From a structural perspective, this location makes the positioning reasonable.
There is a chance that bullish pressure may persist and generate upward volatility before the market develops a clearer bearish rotation. For that reason, I am allowing for a wider stop aligned with my risk plan.
A move toward the 0.20 region remains possible. Such a push could temporarily place the trade in a significant drawdown — even near 50% — but it would be expected as a fast liquidity event rather than sustained acceptance. A break and stabilization above that area, however, would weaken the setup and require reassessment.
If the market rotates lower from here, the position will already be in place.
If not, risk is predefined.
Staying flexible and managing exposure is key.
Price is once again interacting with a key resistance area, where a well-defined triple-top formation offers a solid technical basis for the short idea. From a structural perspective, this location makes the positioning reasonable.
There is a chance that bullish pressure may persist and generate upward volatility before the market develops a clearer bearish rotation. For that reason, I am allowing for a wider stop aligned with my risk plan.
A move toward the 0.20 region remains possible. Such a push could temporarily place the trade in a significant drawdown — even near 50% — but it would be expected as a fast liquidity event rather than sustained acceptance. A break and stabilization above that area, however, would weaken the setup and require reassessment.
If the market rotates lower from here, the position will already be in place.
If not, risk is predefined.
Staying flexible and managing exposure is key.
Trading ditutup secara manual
The position has been closed, almost at breakeven.Even though the original idea remains technically valid, the current environment has become more uncertain. Momentum is shifting and volatility can easily invalidate short-term expectations.
There is a broader sense that the crypto market, especially BTC, could attempt to move higher.
At the same time, even if altcoins sometimes behave differently, they still carry related risk under these conditions.
For that reason, positioning aggressively long right now remains dangerous.
Under this scenario, waiting becomes the best decision.
If price drops without us, so be it.
There will always be another opportunity with better clarity.
Capital preservation first.
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Pernyataan Penyangkalan
Informasi dan publikasi ini tidak dimaksudkan, dan bukan merupakan, saran atau rekomendasi keuangan, investasi, trading, atau jenis lainnya yang diberikan atau didukung oleh TradingView. Baca selengkapnya di Ketentuan Penggunaan.