Reviewing the RAVE entry three times, tripling each time, earning 12000u in the process
The first entry into RAVE was around 1u on the night of April 9th when RAVE surged from 0.3u to 0.8u very strongly, only returning to the 15-minute moving average, not even retracing to the 1-hour moving average. The initiation process was stronger than that of STO, as STO at least returned to the 1-hour moving average before its launch. The next morning, I found RAVE had risen to around 1u, and I felt I could not wait any longer, so I entered directly. When it rose to 2u, RAVE began to consolidate, during which it fell below 2u to around 1.5 many times. Learning from AIRA where I earned 8000u but did not take profits, I took profits around 1.9u to secure gains, though I kept a bottom position to observe the situation. Subsequently, RAVE broke through the consolidation zone of 2u, and I added to my position, which was the second entry to go long, with an average price of around 2.2u. Around 1 AM today, RAVE rose to around 4u, and the fee rate changed to -2, which typically indicates that the market maker is offloading. Therefore, I chose to take profits again at 4u. After waiting for an hour for the fee rate to settle, I discovered that RAVE did not show any signs of falling, not even breaking the 15-minute line. I entered again, marking this as the third entry, with an average price around 4u. The current price is already 8u, with a market value of about 2 billion dollars. I feel it has basically peaked, and while it may rise further, the probability is low, representing a tail-end market. Today, I was waiting for the hourly line to show an increase of over 50 points, which is also one of the indicators for market maker offloading, but I did not wait long enough, so I simply took profits!
The first entry into RAVE was around 1u on the night of April 9th when RAVE surged from 0.3u to 0.8u very strongly, only returning to the 15-minute moving average, not even retracing to the 1-hour moving average. The initiation process was stronger than that of STO, as STO at least returned to the 1-hour moving average before its launch. The next morning, I found RAVE had risen to around 1u, and I felt I could not wait any longer, so I entered directly. When it rose to 2u, RAVE began to consolidate, during which it fell below 2u to around 1.5 many times. Learning from AIRA where I earned 8000u but did not take profits, I took profits around 1.9u to secure gains, though I kept a bottom position to observe the situation. Subsequently, RAVE broke through the consolidation zone of 2u, and I added to my position, which was the second entry to go long, with an average price of around 2.2u. Around 1 AM today, RAVE rose to around 4u, and the fee rate changed to -2, which typically indicates that the market maker is offloading. Therefore, I chose to take profits again at 4u. After waiting for an hour for the fee rate to settle, I discovered that RAVE did not show any signs of falling, not even breaking the 15-minute line. I entered again, marking this as the third entry, with an average price around 4u. The current price is already 8u, with a market value of about 2 billion dollars. I feel it has basically peaked, and while it may rise further, the probability is low, representing a tail-end market. Today, I was waiting for the hourly line to show an increase of over 50 points, which is also one of the indicators for market maker offloading, but I did not wait long enough, so I simply took profits!