Just a few days ago, it seemed like it was faking strength, but today it's clearly exposed. 📉🔥 Opening the charts this morning, $CHZ this wave of downward pressure was very decisive. Looking back at the back-and-forth surges before bed a few days ago, they were all signals of inability to push higher.


While the market was grinding at highs, I noticed CHZ's rally had no volume, the support wasn't strong enough, and the overhead resistance hadn't been taken out. It looked lively, but as soon as it went up, no one was buying. That's when I went short and waited for an entry. 👀🎯
Opened short around 0.02668, now it's at 0.01792, with a return of +1581.19%. Those on board should understand — this wave was worth the wait. ✅💰🎉
Take profits when it's time.
Close 80% of this position first, and set the remaining 20% with cost protection. 📌🛑 If it continues to drop, let the profit run; if it bounces back, don't give back the meat you've already eaten.
If you missed it, don't chase. Chasing leads to emotional instability. ⚠️ Wait for a retrace confirmation, wait for the next clear signal. Good entries are earned by waiting, not by chasing. 🔔
$BTC $ETH
CHZ-2.50%
BTC2.84%
ETH2.86%
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