This one came out, the market directly stopped pretending! 📉🔥


A few days ago, before bed, I saw $ALLO still holding strong at a high level, seemingly about to continue surging, but actually it looked more and more weak.
Volume didn't follow, the rebound didn't continue, every time it went up it was pushed back. I judged at the time that this wave was more like a bull trap, not suitable for chasing gains.
When the market hadn't fully started yet, I watched ALLO's support, and found that when it went up no one was buying, the resistance gave way easily 👀 so I executed a short near 0.47675, waiting for it to fail to hold.
Now the price has come to 0.30209, the yield has run to +898.37%, this is a comfortable profit ✅🎯
It was really grinding before, but it's really tasty when it plays out.
This is the rhythm.
Don't get emotional with profits.
In operation, take the bulk first, close 80% 💰📌, keep the remaining 20% for cost protection, if it continues to drop let the profit run, if it bounces back don't give back the profit.
If you missed it, don't chase ⚠️ Chasing leads to a chaotic mindset, wait for the next clear signal, wait for a pullback confirmation before looking at the next shot 🔔
$BTC $ETH
ALLO-0.73%
BTC-0.92%
ETH-0.84%
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