This candle came out, and the market directly stopped pretending!📉🔥


A few days ago before bed, $AAVE was still holding up at a high level, looking like it would continue to surge, but the more I looked, the weaker it seemed.
Volume didn't follow, and the rebound didn't continue. Every time it went up, it was pushed back. I judged at that time that this wave was more like a bull trap, not suitable for chasing long positions.
Before the market fully started, I watched the support of AAVE and found that no one was buying when it went up, and it softened as soon as it hit resistance 👀. So I executed a short order around 93.83, waiting for it to fail to hold.
Now the price has reached 85.8, and the return has run to +607.23%. This trade feels good ✅🎯. It was really grinding earlier, but it turned out to be really profitable.
This is the rhythm.
Don't get emotional with profits.
In operation, put the bulk in your pocket first. Close 80% first 💰📌, keep the remaining 20% as cost protection. If it continues to drop, let the profit run. If it bounces back, don't give back the profit.
Those who missed it, don't chase ⚠️. Chasing can easily mess up your mentality. Wait for the next clear signal, wait for retracement confirmation before looking at the next trade 🔔
$BTC $ETH
AAVE-0.54%
BTC1.92%
ETH2.01%
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