are volatile and sentiment can shift quickly.
• Laddering Out Strategy: Rather than selling all at once, gradually sell portions of your holdings at different price levels using Fibonacci retracement.
• Using Fibonacci Levels: Key levels to place sell orders are 23.6%, 38.2%, 50%, 61.8%, and 78.6% of a recent price swing. These levels often act as support or resistance in the market.
• Adjust Based on Sentiment: Keep an eye on market sentiment and news to fine-tune your exit strategy.
• Reassess Regularly: Continuously review and adjust your laddering strategy as the market evolves.
This method allows you to lock in gains while still benefiting from potential further price increases.