Indeed, this wave of shorts really came through. 🚨📉


When the chart hadn't fully started yet, $DOT it looked like it wanted to push up, but the more I looked, the more I felt it was weak: no one was buying on the way up, volume wasn't cooperating, and it turned soft near resistance levels.
A few days ago while watching DOT in the afternoon, I saw a weak bounce, not a strong continuation. Especially since several breakout attempts didn't hold, with obvious lack of support, so at that time I warned not to chase, wait until it can't push further and then consider going short 👀📌
When it's time to feast, don't pretend to be calm.
Now the price has moved from 1.258 to 0.81, yielding +2526.87%, this short position has been realized smoothly 🔥💰🎉 Patience upfront pays off with comfortable positions later.
First close 80% of the position, don't be greedy for the last bite ✅🎯 Keep the remaining 20% as cost basis protection, let profits run if it continues to drop, and don't let profits turn into losses on a pullback.
Chasing the tail gets you beaten. ⚠️ If you missed it, don't chase, wait for the next clear signal, wait for the next round of more comfortable entries 🔔
$BTC $ETH
DOT0.37%
BTC-0.94%
ETH0.10%
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