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This candle came out, and the chart is not pretending anymore! 📢📉
A few days ago in the early morning $LINK was still grinding high, many people saw it not dropping and wanted to chase, but I became more cautious instead. The longer it grinds, the more it seems to be wearing out the chasers.
When it grinded high during the session, I didn't look at whether it was red or green, but whether there was buying support on the way up.
LINK's rebound is weak, lack of support, the overhead resistance has been pressing down, and the trap for longs is getting more obvious. 👀
So at that time, I suggested following the bearish rhythm and open long near 9.420. Now it's at 7.887, with a return of +1153.96%. This short trade was worth watching. 💰😎
The grinding was real, but the outcome is also satisfying. Don't fear the grind; fear panicking first. Take profits when it's time.
Don't get attached to the position. First, close 80%, and cost-protect the remaining 20%. ✅📌
If it continues to drop, let the profits run; if it bounces back, don't let the gains become uncomfortable.
If you missed it, don't chase. ⚠️
Good entries are waited for, not chased. Next time, wait for clear signals, wait for the structure to give new opportunities, then move. 🎯
$BTC $ETH