This smash really brought out the temper of the market! 📉🔥


A few days ago before bed, I was staring at $LTC . It was repeatedly testing at a high level, looking like it wanted to push up, but the volume never caught up, and no one was buying when it went up. The more I looked, the more it seemed like a bull trap.
While everyone was still waiting and watching, I saw that LTC's every rebound was weak, and it would fall back as soon as it touched resistance. So at that time, I suggested following a bearish mindset, go short, don't chase, wait for it to show its own weakness 👀
Now from 42.85 to 42.28, profit +94.38%, this profit feels nice ✅💰 It was really grinding before, but once it played out, it was really satisfying.
This is the rhythm.
Don't get emotional with profits.
In operation, first close 80% 📌, put the bulk in your pocket, and protect the cost base for the remaining 20% 🔔. If it continues to drop, let the profits run; if it bounces back, don't give back the profits.
If you missed it, don't chase ⚠️ Chasing can easily mess with your mindset. Wait for the next clear signal, and wait for a retest confirmation before moving. The market doesn't lack opportunities, it lacks patience 🎯
$BTC $ETH
LTC1.81%
BTC1.20%
ETH3.18%
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
  • Pinned