#TAO The sky has fallen, and after waking up, the rebound has been so strong. However, after observing for half an hour, it seems that the market is starting to stagnate here. If there is a chance for a second test at 233 without creating a lower low, I will consider exiting 60% of my position.
Here's a chart to supplement, showing a triangle breakout. Also, look at the trading volume of the last two candlesticks at the end of the triangle. Whether it's short covering or someone buying low, this is not a good signal for shorts; and the trading volume of the last two bullish candlesticks is still decent, with volume and price. Considering all this, it is not friendly for shorts. Therefore, according to plan, if it stabilizes at 265, shorts will exit directly.
Here's a chart to supplement, showing a triangle breakout. Also, look at the trading volume of the last two candlesticks at the end of the triangle. Whether it's short covering or someone buying low, this is not a good signal for shorts; and the trading volume of the last two bullish candlesticks is still decent, with volume and price. Considering all this, it is not friendly for shorts. Therefore, according to plan, if it stabilizes at 265, shorts will exit directly.
