The basic principle in trading is "Trend is your friend.

👉 "From last night until this morning, I witnessed several Altcoins pumping extremely hard by following trend. However, instead of buying in or going long along with the trend — or simply staying out if it looked too risky — many people chose to heavily short these coins like $ , and even , which is currently very hot with 4x volume on Binance Alpha.

👉 Their mindset is quite naive. They think the price is already high and “can’t go any higher,” so they keep shorting these coins, often without a stop-loss, resulting in blown accounts. Previously, RAVE sent countless shorters packing because it withstand it.

👉 My prin

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iple is very simple: “Trend is your friend”. Especially on charts where the RSI is hovering around 80 or even above 90 like— you absolutely should not short.$BTC $LAB $BABY

#U.S.SenatorsBarredfromTradingonPredictionMarkets #U.S.SenatorsBarredfromTradingonPredictionMarkets #baby #lab