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Did you understand this order?
At the price level of 0.5173, $CYS is heavily resisted above, with no volume on the rebound, and the upper shadow repeatedly probing out. I won't fight it head-on anymore. After confirming the signal, I will notify to short according to the short-selling strategy.
The current price has already dropped to 0.4577, and the short position has moved very nicely, with a profit of +226.85%. Such a gain is hard not to be excited about.
My suggestion is to lock in 80% of the profit first, and hold the remaining small position to see if there is further continuation.
For those holding positions, set your protective stop-loss clearly. When volatility increases, don’t hesitate; don’t chase missed opportunities. Wait for my new signals to act again. $BTC $ETH