Post

Liquidity is thinnest in the early hours, and that’s when stop-hunting wicks tend to strike. Bulls are in control on the 1-hour charts for UNI and ZEC, but after that recent rally, they’re already overextended. Chasing the highs is just volunteering to get wrecked by a pullback. Waiting for a retest before entering—that’s breakout trading. So what’s the takeaway? I haven’t figured it out yet either. Keep an eye on these if you’re watching.

View Original
post-image
This page contains third-party content and does not constitute any advice, nor does it represent Gate's endorsement of such views. For details, please see disclaimer.
UNIUNI+3.05%
ZECZEC+1.16%

  • 2

Add a comment
Add a comment

Comment
LeverSealer
an hour ago
This market is perfect for sleeping through—wake up and pick up the bodies
0View Original
SandShield
an hour ago
Chased right after the pump and ate the full pullback
0View Original
LightningNetworkHero
an hour ago
Follow and wait for further notice
0View Original
MemeFirefighter
an hour ago
Late-night market watching can get addictive, so remember to rest
0View Original
Div_Compound
an hour ago
Chasing an overextended market just means becoming exit liquidity
0View Original
GasWarrior
an hour ago
By the time you’ve thought it through, the market move will already be over
0View Original
StopLossSparrow
an hour ago
Bulls are in control, but volume is lagging, making a false breakout likely
0View Original
DaoScraps
an hour ago
Large sell orders hit hardest when liquidity is thin
0View Original
L2GasGambler
an hour ago
First Review
Breakout trading isn't chasing highs; it's waiting for confirmation
0View Original
View More