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This time it wasn’t me guessing— the chart itself has written the answer on its face. When the market was just dumped in the morning session, $ALT looked like it might stop falling, but several bounces never truly held. The bid was weak, the sell pressure was heavy; the higher it was tried, the more forced it looked.
I opened a long around 0.008374. At that moment I wasn’t watching a single K-line; I was watching for follow-through that never really showed up. After pushing up, it was quickly pressed back. Now the price is back to 0.006046, and the return shows +681.71%. The earlier waiting hasn’t been in vain—this bite of short profit is being taken very comfortably.
Take profits when you should. First close 80%—don’t get greedy for the last bite. Put the stop/protection level on the remaining 20% near your cost basis; if weakness continues, let the profit run, and if it rebounds, there will be room to defend the gains.
The market is something you wait for, and profit is something you hold onto. When there’s no plan, the faster your hands move, the easier it is to get messy. Friends who haven’t entered yet—don’t chase the drop and run. Wait for the next wave’s signal to be clear, and I’ll give you a prompt right away.
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