Once this candle came out, the market stopped pretending! 📉🔥


A few days ago before bed, I saw $BZ still holding up at a high level, seemingly about to continue pushing, but the more I looked, the weaker it seemed.
Volume didn't follow, the rebound didn't last, every time it went up it was pushed back down. At that time, I judged that this wave was more like a bull trap, not suitable for chasing gains.
Before the market fully started, I watched the support at BZ and found that no one was buying at the highs, the resistance crumbled on contact 👀
So I opened a short position around 104.96, waiting for it to fail to hold.
Now the price has come to 74.96, the yield has run to +2656.96%, this profit is satisfying ✅🎯
The earlier part was really grinding, but once it played out, it was really sweet.
This is the rhythm.
Don't get emotional with profits.
In terms of operation, put the bulk into pocket first, close 80% first 💰📌
The remaining 20% is for cost price 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 tends to mess up your mindset. Wait for the next clear signal, wait for a retracement confirmation before looking for the next move 🔔
$BTC $ETH
BZ-2.61%
BTC-1.79%
ETH-1.37%
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