To be honest, this chart really knows how to mess with people. 🚨📉 A few days ago in the afternoon, $AWE kept testing above repeatedly. It looked strong on the surface, but actually each pullback lacked follow-through; buying volume wasn't there, and support wasn't decisive enough.


Before the chart had fully started its move, I noticed that the key level above AWE hadn't been broken, the rally had no volume, and the bounce was getting weaker and weaker 👀 My judgment at the time was simple: don't chase longs, wait for it to run out of steam, shorts have a better chance, so I executed a short around 0.07159.
Now looking at it, the price has reached 0.05326, with a return of +631.28%. This was a tasty bite 😎🎉 Those on board should understand, it's not about impulse, it's about waiting.
Some money is not made by impulse.
Take profits when you should.
On the position side, first close 80% ✅💰 The remaining 20% will be protected at cost price. If it continues down, let it run. If it bounces back, I won't linger. 📌
If you missed it, don't chase the tail ⚠️ Good positions are waited for, not chased. Wait for the next clear signal before looking again. 🔔
$BTC $ETH
AWE2.83%
BTC3.16%
ETH6.11%
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