This one came out, the chart doesn't pretend anymore! 📉🔥


A few days ago before bed I saw $ALLO still hovering at a high level, superficially looking like it wanted to continue rising, but actually every time it went up there was no one buying, volume couldn't keep up, the more I looked the more it seemed like a trap to lure people into buying.
While everyone was still waiting, I was watching the rebound strength of ALLO and found that the selling pressure above never let up, it would spike and then soften, with clear lack of support👀 So at that time I suggested to look at it from a bearish rhythm, execute a short near 0.29497.
Now the price has come to 0.28607, this wave gave a profit of +73.98%, the rhythm was very comfortable✅💰 The grinding earlier was really annoying, but once it broke out it really paid off.
This is the rhythm.
Don't get emotional about profits.
As for position, I will first close 80% 🎯, put the majority in the pocket first, the remaining 20% as cost price protection🛑 If it continues to drop let the profits run, if it rebounds don't give back what you've taken.
If you missed it, don't chase⚠️, chasing often messes up your mindset. Wait for the next clear signal, wait for a retest confirmation, move when a new structure appears🔔
$BTC $ETH
ALLO-5.17%
BTC-1.14%
ETH-0.91%
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