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This one came out, the chart just stopped pretending! 📉🔥
A few days ago before bed, I saw $CLO stubbornly hovering at highs, superficially looking like it would keep pushing, but each time it went up, no one was buying, volume couldn't keep up, the more I looked, the more it seemed like a trap to lure people in.
While everyone was still watching, I was monitoring CLO's rebound strength and noticed the resistance above never let up, it would push and then go soft, with clearly insufficient support 👀
So at that time I suggested to follow the bearish rhythm, execute a short near 0.14221.
Now the price has come to 0.13201, this wave of profit gives +347.44%, the rhythm was perfectly timed ✅💰
The grinding before was really annoying, but seeing it play out is really satisfying.
This is the rhythm.
Don't get emotional with profits.
As for position sizing, I'll first close 80% 🎯, pocket the bulk, and use the remaining 20% for cost basis protection 🛑
If it keeps dropping, let the profits run; if it bounces back, don't give back what you've taken.
If you missed it, don't chase ⚠️, chasing often messes up your mindset. Wait for the next clear signal, wait for a retrace confirmation, and act only when a new structure appears 🔔
$BTC $ETH