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Tonyruski

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BTC Holder
BTC Holder
High-Frequency Trader
5 Years
18 Following
15 Followers
37 Liked
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Just took small profits here
Just took small profits here
I already took profit on my RAVE short, and now I’m closing the position completely. At this point, the chart is not giving me a clean direction. It can still spike, and it can still dump. That is exactly why I’m staying out for now. RAVE has been pure hype, heavy speculation, and very aggressive price action. In markets like this, you can make a lot very fast, but you can also lose a lot just as fast. For me, no clear path = no trade. I’ll only re-enter when I see a clean setup, either for a long or for a short. Until then, capital preservation comes first. The hype looks like it may be cooling down. After a huge vertical move, this is where discipline matters most. #RAVE #RiskManagement #altcoins #CryptoMarketRebounds
I already took profit on my RAVE short, and now I’m closing the position completely.

At this point, the chart is not giving me a clean direction. It can still spike, and it can still dump. That is exactly why I’m staying out for now.

RAVE has been pure hype, heavy speculation, and very aggressive price action. In markets like this, you can make a lot very fast, but you can also lose a lot just as fast.

For me, no clear path = no trade.

I’ll only re-enter when I see a clean setup, either for a long or for a short. Until then, capital preservation comes first.

The hype looks like it may be cooling down. After a huge vertical move, this is where discipline matters most.

#RAVE #RiskManagement #altcoins #CryptoMarketRebounds
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