Ok, so in theory, the stop-loss should've been placed just below point 3, but that would've been triggered 4 candles after entry. My guess is that the volatility of crypto is too much for this kind of tight stop losses, so a broader stop-loss approach should be used so that you don't get stopped out of perfectly good set-ups (keep in mind the ETH flash drop in August to 19$ due to stop-loss chain reaction)