Technical Analysis Mentoring

This is a sample chart of the systematic technical analysis conducted that involves a structured and methodical approach to evaluating cryptocurrency markets before entering a long position. In the figure shown, I entered a long position on the digital asset Optimism (ticker = OP) with a 179% PnL of my margin.

Similar to Long position, entering short positions with systematic approach increases high probability setups . As I enter the setup using my technical analysis, I highly consider the proper risk management, tokenomics of the asset, overall market sentiment, and marriage of confluences to increase profitability with realistic and long term mindset as an investor and trader.