Regarding the recent trend of FHE, I will review my trading strategy once again. I previously predicted that there could be a pullback of over 10% at any time, and indeed that was the case — I bought the dip twice during the pullback and set stop losses twice as well, then reversed to short at 0.12. Unexpectedly, this wave of correction came much faster than I anticipated — even faster than my prediction near the new high — causing my long position at 0.14 to exit at break-even.
The key now depends on the performance of two 15-minute charts. Honestly, neither of these can afford to have issues; if either breaks its level, the price may move toward lower levels. If the 15-minute charts maintain a healthy trend, I expect resistance around the 0.15-0.16 range. Conversely, if these two lines start to diverge, it can basically be judged that the buying power is insufficient, and the market makers are beginning to push down.
Overall, I remain bullish toward the target of 0.2, with a stop loss set at 0.128. Once a breakdown signal appears on the 15-minute chart, I will immediately close the position to cut losses.
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
12 Likes
Reward
12
2
Repost
Share
Comment
0/400
token_therapist
· 13h ago
Haha, this move was really a bit risky, going out at 0.14 with zero profit. That must have been quite uncomfortable.
View OriginalReply0
quietly_staking
· 13h ago
Looking at your approach, buying the dip twice and stopping out twice, you're really paying tuition haha
---
The 0.2 target is a bit greedy, let's first stick to 0.128, don't get smashed back again
---
Sell when the 15-minute line breaks, I agree with this move, at least there's no luck involved
---
Feels like the market maker is holding a big move, the energy these days is too strange
---
Both bulls and bears have stepped on it, really just looking at those two lines on the technical chart, everything else is just a backdrop
---
Exiting at 0.14 is a bit of a loss, but better than liquidation, I've been burned by that before
---
By the way, can you really see through these two 15-minute lines? I always get them reversed
Regarding the recent trend of FHE, I will review my trading strategy once again. I previously predicted that there could be a pullback of over 10% at any time, and indeed that was the case — I bought the dip twice during the pullback and set stop losses twice as well, then reversed to short at 0.12. Unexpectedly, this wave of correction came much faster than I anticipated — even faster than my prediction near the new high — causing my long position at 0.14 to exit at break-even.
The key now depends on the performance of two 15-minute charts. Honestly, neither of these can afford to have issues; if either breaks its level, the price may move toward lower levels. If the 15-minute charts maintain a healthy trend, I expect resistance around the 0.15-0.16 range. Conversely, if these two lines start to diverge, it can basically be judged that the buying power is insufficient, and the market makers are beginning to push down.
Overall, I remain bullish toward the target of 0.2, with a stop loss set at 0.128. Once a breakdown signal appears on the 15-minute chart, I will immediately close the position to cut losses.