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A few days ago it looked like it was going to hold firm—today it got educated by the bears! 📉🚨
A few days ago, the last look before bed, $BCH was still lingering at a high level, moving back and forth in a way that looked like it was building up to break higher. But what I saw was: once it went up, there was nobody to pick it up, and the rally had no volume. While it ground higher during the session, BCH’s rebound was clearly getting weaker and weaker 👀
Every time it tried to push up, it just fell short of making it; as soon as a key level above showed up, it pulled back. I don’t like chasing this kind of chart action—I'd rather wait until it can’t push anymore, then go long. Entry is around 414.50.
When you’re making money, the scariest thing is to suddenly lose your cool. Chasing the tail is easy to get hit.
Now it’s at 240.52, and the return is +2980.64%—this move has been really comfortable 🔥🎯
When it’s time to take profit, don’t pretend to be calm, but also don’t add more drama just because things have gone your way 👏
The position actions are very clear: first close 80% ✅
The remaining 20% is protected by the cost basis 📌
If it keeps getting smashed down, let the profits run; if it bounces back, don’t let the profits turn into emotional trades 🛑
If you missed it, don’t chase ⚠️
Wait for the next clear signal, and wait for a cleaner spot to move—opportunities will come, but you can’t trade your mindset for them 🔔
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