Seriously though, this chart really messes with people, but in the end, the bears won! 📉😎


A few days ago in the early morning $SPK , it kept testing upward repeatedly, looking like it was about to break out, but in reality, each wave had no real conviction, volume wasn't following, and the resistance wasn't truly eaten.
The last thing I looked at before bed was SPK, and I noticed the bounces were getting weaker 👀. The upward momentum had no continuation, insufficient buying support, and the fake breakout vibes were getting heavier. So I didn't chase the long but instead opened a short around 0.02386.
Now the price is at 0.01745, with a return showing +1906.22%. This move paid off cleanly ✅💰. It's not that the chart didn't give opportunities; it's that the opportunities are hidden when others are getting carried away.
When you're making money, the worst thing is suddenly getting carried away.
Execute when you understand the setup; don't hesitate at the last moment.
In terms of handling, first close 80%, and protect the remaining 20% at cost 🎯🛑. If it continues to drop, let the profits run; if it bounces back, don't let the profit become uncomfortable.
Those who missed it, don't chase 🚨. Chasing from behind is easy to get burned. Wait for a pullback confirmation, wait for a more comfortable entry in the next round 📌
$BTC $ETH
SPK-3.29%
BTC0.65%
ETH1.87%
View Original
post-image
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
  • Reward
  • Comment
  • Repost
  • Share
Comment
Add a comment
Add a comment
No comments