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This drop was clean and straightforward—the chart isn't even pretending anymore! 🚨📉 A few days ago before bed $BCH was still grinding sideways at a high level, with many people thinking it might push higher, but I noticed the volume was weak on the rally, support was lacking, and it had no reaction when pressure came from above.
While everyone was still watching, I saw BCH's rebounds getting weaker and weaker—each upward move seemed to run out of steam. 👀 I reminded myself not to chase the hype, and to wait for a clearer bearish signal. So I opened a short position around 414.78.
Now we're at 194.4, with a P&L of +3769.99%. I nailed this rhythm, and it was worth the wait. 🔥🎯
Good entry points are earned by waiting, not by chasing.
The execution is simple: first close +3769.99% and lock in the profit; keep the remaining 20% with a cost basis protection—let it keep dropping if it will, but don't give back profits if it bounces back. ✅📌
Don't get emotional about profits.
If you missed it, don't chase—chasing into a top is the easiest way to mess up your mindset. ⚠️ Wait for a pullback confirmation, wait for the next clear signal—the market will give you another chance. 🔔
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