This candle appears, and the chart is no longer pretending! 📉🔥 A few days ago before sleep, I saw $KITE still stubbornly holding up at a high level, seemingly about to continue climbing, but actually it looked weaker and weaker. Volume didn't follow, the rebound didn't sustain, each time it went up it was pushed back. At that time, I judged that this wave was more like a bull trap, not suitable for chasing longs.



Before the chart had fully started, I was watching the support of KITE, and noticed that when it went up, no one bought, and the resistance collapsed on contact 👀 So near 0.21584, I executed a short, waiting for it to fail to hold.

Now the price has come to 0.10405, with profit rate at +2494.24%. This piece of meat is satisfying ✅🎯 The earlier grind was real, but the breakout is also delicious.

This is the rhythm.

Don't have feelings for profits.

Operationally, put the big portion into the pocket first, close 80% 💰📌 Leave 20% for cost price protection. If it continues to drop, let the profits run. If it rebounds, don't give back the profits.

Those who missed out, don't chase ⚠️ Chasing tails easily messes up your mindset. Wait for the next clear signal, wait for a retest confirmation before looking at the next shot 🔔

$BTC $ETH
KITE-2.26%
BTC2.39%
ETH2.45%
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