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This candle comes out, and the chart straight drops the act. 📉😎🔥
A few days ago in the early morning $EDGEX was still grinding sideways at highs, and I was watching the support at EDGEX at that time. The more I looked, the more it felt wrong: no one was buying on the way up, and the bounce weakened as soon as it hit resistance—the signs were very clear.
During the basis grind, the logic I pointed out was simple: don’t get carried away by a superficial pump—what really matters is whether capital is following 👀. If volume doesn’t keep up, no matter how fast it rallies, it can easily reverse. So I prefer to wait for the bears to strike instead of catching the last leg.
Good positions are waited out, not chased.
Once you understand, execute—don’t hesitate at the last moment. 🎯
From 0.6386 to 0.2636, this move resulted in +2827.94%, pretty comfortable hold 📈✅. I’m taking off 80% first, and leaving the remaining 20% with a cost basis stop—if it keeps going down, let the profit run; don’t be greedy for the last bite.
If you missed it, don’t chase—wait for the next clear signal. Chasing the tail easily messes up your mindset ⚠️. Wait for a new structure to form; opportunities are never scarce 🔔
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