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A few days ago it looked like it was playing dead, and today it directly slammed out the answer! 🔥📉
When I opened the chart in the morning, $ZEC this downward pressure was unflinching. A few days ago before bed, it was still grinding at highs. The more it grinded, the more I felt something was off.
At that time I was watching ZEC. The bounce wasn't absent, but it struggled every time, volume didn't follow, and it dropped as soon as it hit resistance above. 👀 This kind of chart is most likely to mislead people into thinking it can still rally, but actually the bull trap was quite obvious, so I arranged a short around 476.71.
Now the price has come to 410.7, with a return of +984.90%. This short trade paid off nicely ✅🎉 I held back earlier and didn't act rashly, which allowed this comfortable rhythm later.
When making money, the biggest fear is suddenly getting carried away.
Good positions are waited for, not chased.
Don't be greedy with position size. First close 80% 💰 The remaining 20% is protected at cost. If it continues to drop, let the profit run. If it bounces back, stick to the discipline 📌
If you missed it, don't chase ⚠️ Chasing tails, you'll easily get hit. Wait for the next clear signal, wait for the next round of more comfortable positions before moving 📢
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