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This short on $DOT wasn't easy, but the result is decent.
Entry price: 1.280. At the time, the price action felt really awkward. Even though people were still shouting that it was strong, every time the price went up, it got pushed back down. The more I watched, the more it looked like the bulls were hard-pressing just to hold on.
Now it’s already fallen to 0.865, with a profit of +2300.51%.
What I like most isn’t the kind of obvious one-shot big bearish candle, but this kind of slow grind that wears people down until they lose patience—then suddenly releases to the downside. By the time most people react, the first leg of profit is basically already over.
The short positions are handled in batches as planned: take profit on the first 80%.
Leave the remaining 20% to see whether it continues to probe lower. Trail the stop to keep the trade from going from profit to being passive.
Don’t chase here—chasing in the second half of the drop is miserable. Wait for the pullback to get the position, and then make a move next time.
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