Sir JP

Publicly documenting my crypto journey. Tweets on trading, mindset and whatever I find interesting. Father of a toddler.

[Sir JP @JPCrypto618]

I just closed the CLOUSDT trade in profit, but the value would have been much bigger.

I shared this trade with my community on January 9, when I saw that the price will likely dump and retest the high afterwards.

The dump happened, we got in, it dipped more, then it started moving in the desired direction.

When I've used this strategy in the past, the price usually takes out the previous high before dumping again. I was expecting the same thing here, so I used the last swing high ($0.8557) as TP.

The price got close ($0.8525) and reversed. I decided to wait a bit to see if it will go back up or continue dumping.

To protect myself, I used the last swing low (on the 1H) as a decision point: below this level and I'll sell.

I got the alert this morning and closed the trade.

Next time, I'd use the 1H RSI as an indicator on the strength of the pump upwards. Once we hit above 70, I start to prepare to exit the trade.

Onwards though. Need to look for trades today.

[Sir JP @JPCrypto618]

@waleswoosh The McDonald's outfit is out again

[Sir JP @JPCrypto618]

@GoodyTech_ It's a good month for us!

[Sir JP @JPCrypto618]

Happy new month! June is a good month for us.

[Sir JP @JPCrypto618]

Do you remember when you joined X? I do! #MyXAnniversary

[Sir JP @JPCrypto618]

@TedPillows 2k followers to go. You'll hit it next month.

[Sir JP @JPCrypto618]

@Johncoin_ GM John

[Sir JP @JPCrypto618]

@STRONGG Happy Bitcoin Pizza day.

I know most people mock this man for buying pizzas. But his action was the real-world proof Bitcoin needed.

[Sir JP @JPCrypto618]

@crypto_tytn Congrats bro!

[Sir JP @JPCrypto618]

@Techriztm Making money consistently is boring. People chase excitement.

Let's blame IG traders

[Sir JP @JPCrypto618]

@solsticefi Can't wait!

[Sir JP @JPCrypto618]

I've waited for this!

[Solstice @solsticefi]

TAKE YOUR YIELD BACK.

SLX. May 21st.

[Sir JP @JPCrypto618]

@Crypto_Pranjal Nice strategy,

got about a third of that while farming hard with Exponent and losing money in the process

[Sir JP @JPCrypto618]

@GlobalSoma_ Congrats Soma!

[Sir JP @JPCrypto618]

@boldleonidas @trueo_ Wen USDC pump?? 😭

[Sir JP @JPCrypto618]

@desola__xn @ripchillpill Followed you after reading this. Nothing beats being a value provider.

[Sir JP @JPCrypto618]

@MookieNFT I knew you were a real one when you followed me back. You didn't have to, but you did.

You truly support every one of us!

[Sir JP @JPCrypto618]

@lex_consults It's called the building phase. You're more interested in giving value than receiving it.

You've moved from a consumer to a creator.

[Sir JP @JPCrypto618]

@IMenlikovaOG Good morning ODan, hoping to win today and for the rest of the week.

[Sir JP @JPCrypto618]

@KierianV I remember them. Congrats to those that farmed back then.

[Sir JP @JPCrypto618]

@imshubhamsingh7 Happy birthday!