Bobbing on the Waves-BTC Trading Bot Update March 7th-2024

Back in range, but struggling to reach sell

C.W.Morton

Mar 08, 2024

Back in range, but struggling to reach sell

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Right now is the most frustrating place a bot can be, for me.

It’s technically back in range, but it’s bobbing up and down like a fishing bobber on choppy water surface.

Wavering between slightly positive and slightly negative.

If I stop the bot now, I might loose 100+ profit capture if price hits my sell.

I slept on it instead of stopping the bot….. and the bot has stayed here all day.

Hopefully not much longer, the trend is up.

Price is technically back within my bots range, and this is the moment I always want to happen — to invest my full position and rise into the full 1% profit take.

Still, if this goes on for much longer I will slam stop (hopefully while it slightly in the green), and I will be restarting the bot with a slightly wider range.

I set a notification for $67900 in my price alerts for Coinbase, and I will slam stop/sell at any number above that. (I use this Coinbase feature mostly for monitoring, but it’s not perfect, Pionex BTC spot be slightly different in value)

I am still waiting for now.

I had the opportunity to stop the bot twice today but I didn’t, because I was hoping my bot would sell for me.

We touched 68,000 twice, but just under my sell order @ 68,222.

I should have maybe slammed stop, but today we are resting at 67000 and trending up…. albeit slowly.

Que Sera Sera.