DEEP RESEARCH · COINBASE
[Coinbase] Sale
A trade journal note on prioritizing risk control after a downside break of the prior bullish candle
Investment decisions are your own responsibility. This material is research and is not a recommendation to buy or sell.
0. Bottom line first
Coinbase broke below the previous day’s bullish candle, so I sold first and prioritized risk management. I will consider re-entry only if downside support becomes firm again.
1. Sell decision
Official fact: The source record says: “Because it broke below the prior bullish candle, risk management first” and “Consider entry if downside support becomes firm.”
Interpretation: This was a defensive response to short-term chart damage rather than a full business-value call. Breaking back below a bullish candle can signal weakened demand, so I chose to hold cash until the odds improve.
Trade decision flowReduce risk before losses expand
ObserveBreak below prior bullish candle
RespondSell first
WaitConfirm downside support
Re-enterOnly if support firms
The core idea is risk control over prediction
2. Next checkpoints
- Check whether trading stabilizes around downside support.
- Separate normal volatility from trend damage.
- Consider re-entry only after support becomes firm.