Sometimes the hardest part of shorting is not judging the direction, but holding back from moving prematurely. In this drop of $CHZ , the price action seemed sluggish at first, but the sense of weakness at the highs was very obvious.



CHZ repeatedly tested the upside but failed to sustain, so I put it on my watchlist. What really made up my mind was the rapid decline after a pullback, indicating that selling pressure above remained. Simply put, a strong trend won't keep giving you cheap opportunities to look back.

This trade went from 0.01844 to 0.01708, currently yielding +357.78%. There was a pullback in the middle; many might panic, and I do too, but I only watch whether it has regained the rhythm. If it hasn't, I won't change my judgment.

Now I'll protect profits first, not chase lower levels. The decline is a reward, not a reason to act impulsively. Move when the next opportunity comes; if there's no signal, let your hands rest.

$BTC $ETH
CHZ3.45%
BTC1.43%
ETH0.96%
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