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Seriously, this chart is really messing with people. 🚨📉 A few days ago in the afternoon, $ADA was still testing above repeatedly. Many people saw it not dropping and wanted to go long, but the more I looked, the more I felt the pressure at the highs.
Before the chart had fully moved, I saw that ADA's each upward push was lacking strength, volume wasn't following, and support wasn't solid. 👀 With this structure, I wouldn't chase the hype. At the time, I reminded to watch for short positions, don't be misled by false breakouts.
Now it's dropped from 0.2443 to 0.1482, with a return of +2791.16%. The short side has given the answer in this wave. 🎯🔥 Getting the timing right feels great; the previous waiting time wasn't wasted.
Don't be afraid of it grinding; be afraid of you panicking first.
Take profits when it's time.
Don't get attached in handling. First close 80% ✅, the remaining 20% protect at cost price 📌, let the profits run if it continues to drop, and if it bounces back, stick to discipline. Don't turn a comfortable trade into a painful one. 🛑
Don't chase if you missed it. ⚠️ Chasing tail easily disrupts rhythm. Wait for the next more comfortable position. Move only when the signal is clear. 🔔
$BTC $ETH