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This long position has finally broken out. When it was pressing and not moving earlier, many people started to doubt the direction, but the chart gave me the feeling that it wasn't weak, but rather accumulating room for a move.
For $ADA, I entered near 0.1448. What really caught my attention was that the retracement didn't break, and the sell-off was immediately caught. Something was off here. Now the price has pushed to 0.1819, with an unrealized profit of +1814.37%. The market space has been released very decisively.
At the beginning, the most painful thing wasn't the volatility, but that everyone was waiting for lower levels, and the big players simply didn't give a comfortable entry point. In short, the rhythm has changed; the more you hesitate, the more you get left behind.
As for me, I'll handle it by the usual rule: lock in part of the position in batches at 70, and keep 30 with a stop to watch for extension, so as not to let profits retreat for nothing. Now is not the time to call people in to chase. If you have a position, manage it well. If you don't have a position, don't chase on impulse. Wait for the next opportunity for a better entry.
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