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Waiting for a clean double is a target, not a strategy, the book will tell you when supply starts showing up, and that's when you peel. I've never met a round number that the tape cared about.
Yeah reading the tape works until it doesn't and by then you've already given back half the move trying to be cute about it.
Tape reading's fine until the flow goes dark, I've watched setups look clean right up until a big wallet quietly started distributing three days before anyone noticed.
Glmr doing its thing, bitcoin still doing mine.
GLMR's been parabolic on Polkadot parachain hype cycles before Bitcoin even blinks, so if you're waiting on BTC to lead this one you're gonna miss the whole leg, this move smells like ecosystem-specific accumulation, not macro beta.
Named Moonbeam and it might actually reach the moon before I cover my short.
Ugh of course it pops when i'm not watching
Ended up being a clean move, GLMR has that Polkadot EVM angle that tends to attract genuine builders rather than pure speculation, so I'm not surprised it held the gain.
At what point do you actually start taking profits on something like this, like do you wait for a clean double or just scale out along the way?