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Honestly, this market really knows how to mess with people. 🚨📉 A few days ago in the afternoon, $BCH was still bouncing back and forth at the top, many people looking to buy when it didn't fall, I instead felt something was off: the rebound was weak, volume didn't keep up, every upward push was just short of momentum.
While everyone was still watching, I focused on the details of BCH, when the price reached around 345.75, the resistance above was still very obvious, buy orders couldn't keep up, the trap was getting more and more obvious, so I executed a short position at that time 👀📌.
Now the answer has come: from 345.75 to 206.82, the return rate is +2851.15%, hitting the rhythm just right feels comfortable ✅🔥💰.
Some money isn't made through impulsiveness.
Take profits when you can.
This trade was simple: first close 80% 🎯, move the remaining 20% to break even for protection, let it run if it goes lower, and if it rebounds, don't let the profit turn uncomfortable 🛑.
If you missed it, don't chase; chasing often leads to getting hurt ⚠️. Wait for the next signal, look for a pullback confirmation, and wait for a more stable entry 🔔.
$BTC $ETH