The last look before bed was still consolidating at the top, and when I woke up it directly gave the bears the answer.🔥📉


A few days ago in the early morning, I was watching $DOT , it didn't not want to break out, but every time it surged up, no one bought in, the volume couldn't keep up, and the bounces became weaker and weaker. This kind of high-level consolidation is most likely to trick impatient traders.
During the intraday grinding at the top, I was watching the details of DOT: the resistance above never loosened, and as soon as selling pressure emerged, the price pulled back.👀 So near 1.258, I followed the plan and opened a short. The logic was that the rebound was weak, so don't follow the fake strength.
Now the price has dropped to 0.823, with a profit of +2453.54%.🎯💰 The wait and the endurance were not in vain. This short trade was executed cleanly.
Some money is not made by impulsiveness.
Chasing the move gets you hit.
First, close 80% of the position to put the bulk of the profit in the pocket.✅ The remaining 20% is protected by cost price. If it continues to drop, let the profit run. If it rebounds, don't lose the rhythm you've gained.🛑
If you missed it, don't chase. Don't start getting itchy just because you see a drop.⚠️ Wait for the next signal, wait for a more comfortable entry. Look again when a new opportunity appears.📢
$BTC $ETH
DOT-0.97%
BTC-2.95%
ETH-2.86%
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