Honestly, this market really knows how to mess with people. 🚨📉 A few days ago before bed, it was still slowly grinding up there, $ADA looked like it was holding, but actually it was getting weaker the more it grinded.


When the market hadn't fully started yet, I saw that ADA's every rally was lacking that final push, volume insufficient, support not solid, and as soon as resistance appeared from above, it went soft 👀 My judgment at that time was straightforward: This wasn't strength, it was a heavy bull trap, so I executed as planned and shorted.
Looking back now, entered around 0.2438, price came to 0.1593, giving a gain of +2459.28%, that was a satisfying profit 🔥✅
When you understand, execute. Don't hesitate at the last moment.
Don't get emotional about profits.
Position management is also simple: first close 80% to take profits 💰, keep the remaining 20% as cost protection. If it continues to drop, let the profit run; if it bounces back, handle according to the rules 📌🛑
If you missed it, don't force a chase ⚠️ Chasing from behind leads to getting slapped. Wait for a more comfortable entry in the next round, and move only when the signal is clear 🔔
$BTC $ETH
ADA3.64%
BTC2.59%
ETH5.41%
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