
Candle Effect - Solana
compatible asset
This strategy utilizes a contrarian "fade" strategy (more colloquially known in crypto as Dollar Cost Averaging, or DCA). Fading Strategies gradually accumulate contrarian positions when the algorithm identifies potential entry opportunities.
Trades are typically executed within 24 hours, but market conditions may impact execution times. Multiple signals may be generated daily, but individual results will vary based on market volatility and user-defined settings.
This strategy suggestion comes from an independent strategist and is shared for informational purposes only. The suggested minimum equity on x10 leverage (excluding drawdown considerations) is $512.
Please be aware that trading with leverage carries significant risk, including the potential loss of your entire capital. Past performance does not guarantee future results. Conduct your own research and consider consulting a licensed financial professional before engaging in leveraged trading.
For questions, contact Candle Effect on the AstraBit Discord channel or privately at https://discord.gg/PCxhXEj7hR
To learn more on Fading Strategies, please see this article: https://www.investopedia.com/terms/f/fade.asp
Business & Trading Experience (Last 5 Years):
I have been actively trading SOL for the past 2 years. My background includes managing personal portfolios and running a trading group.
Criminal, Civil, or Regulatory History:
I have not been subject to any criminal indictments, civil actions, misdemeanors, or regulatory actions in the past 5 years.
Conflicts of Interest:
I trade this strategy personally. I do not trade on behalf of others. I do not receive outside compensation or have any known conflicts that would affect the integrity of this strategy.












