LABS Trading Challenge

Blue: Buy orders since 5/10/22
Pink: Sell Orders since 5/10/22
Green: Buy orders before 5/10/22
Purple: Sell orders after 5/10/22

Notice the wick that broke the falling channel , this is why we don’t use stop losses. Lucky for me, I keep my orders open even if the pattern changes so that I can capture those wicks. And I stagger my trades ($1-$4). I sold the 0.00155 but as you can see, I made some silly buys earlier (05 oct), so I was trying to brake even and I did, because at this stage I was bearish. I still have open orders below 0.0014 - 0.0012 but only $10. I also have open orders to 0.0016 and higher. Always 15-30 open orders. I use KuCoin so I can trade cents to the dollar.

$30 on the sideline in Buy orders. Hotspot will be 0.00138-0.001444, so I clearly expect a revisit to 0.0014

Since I started trading Labs on Spot price (29 sep), I’ve turned $50 into $80 into $70 currently at $72 waiting for a bounce.

As long as BTC is going sideways, I’m playing this coin.

Other Gem picks to consider
OMI
REEF
KCS
BNB
FTM
TRX
THETA
MANA
KAVA
CRV
LINK
Chart PatternsTechnical IndicatorsTrend Analysis

Related publications

Disclaimer