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+75.26%, start to take profits.
The short position rhythm matches, no need to be overly optimistic, whatever the market gives me, I take.
Here at 18.713, $VVV clearly shows a high-level stagnation, resistance above is very heavy, and there’s no volume on the rebound.
Seeing signs of capital outflow, I didn’t wait any longer and directly entered a short position according to the plan.
Now the price is at 17.293, this range has already played out, with a profit of +75.26%.
My approach is to first take back 80%, and for the remaining 20%, see if there’s still room to go lower.
For those still holding positions, set stop-loss and profit protection orders firmly, don’t hold through large fluctuations;
If you missed this trade, don’t rush to chase. Wait for my signals later, and if the position feels uncomfortable, better to stay flat. $BTC $ETH