With this candle, the market just dropped the pretense! 📉🔥


A few days ago, before bed, $BAS was oscillating at highs, looking like it was barely holding, but actually each upward push had little follow-through and insufficient volume. The more I looked, the more it seemed like a shakeout after a bull trap.
Before the market fully started, I watched BAS's rebound strength and saw that the overhead resistance was pressing down. It would spike and then soften, with insufficient buying support 👀 So at that time, I suggested looking at it from a bearish perspective, open short, don't chase.
Now from 0.049918 to 0.030979, this move directly gave +747.03%, a very comfortable rhythm to catch ✅🎯 It was really grinding earlier, but once it broke out, it was truly satisfying.
That's the rhythm.
Don't get emotional with profits.
Operationally, first close 80%, put the bulk in the pocket 💰📌 Keep the remaining 20% as cost protection. If it continues to drop, let the profits run. If it bounces back, don't give back the profits.
If you missed it, don't chase ⚠️ Chasing the tail easily messes up your mindset. Wait for the next clear signal, wait for a retest confirmation before looking at the next shot 🔔
$BTC $ETH
BAS5.13%
BTC1.20%
ETH4.89%
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