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Brothers who have gotten in the car, first check your accounts!
$BIO This short position is really powerful, the bears have set the rhythm, don’t just watch the K-line, first understand the floating profit clearly.
At the 0.0368 level, the resistance above is very strong, it loses momentum as soon as it rebounds, the selling pressure clearly increases, and there’s a heavy sense of a pullback after a rally.
Seeing this, I didn’t hesitate and directly announced to go short, the direction is a short position.
Now the market has already dropped to 0.03493, the space has been utilized, and the profit has reached +360.56%, this wave of judgment can be considered a successful take profit.
Next, don’t get overly emotional, first take 70% profit, use the remaining 30% to hold with the profits, and see if there’s still room for further decline.
Those already in the trade, be sure to set your stop-loss, this coin is quite volatile, it can rebound at any time to shake people out;
If you missed it, don’t chase the short, chasing in can easily mess up your mindset, wait for the next signal, I’ll call it again if there’s a chance later. $BTC $ETH