After finishing a full review of this week's market for $CHIP , the conclusion I reached is opposite to what most people think.
On the news front, it's all good news being pushed nonstop, but the price just doesn't rise—it falls instead. The idea that once “good news has been fully priced in,” it turns into bad news has never changed in the crypto world.
In terms of trading, I placed the short-selling zone at 0.02934 - 0.03086, with a stop loss at 0.03176 and a target at 0.02571. The risk-reward ratio works out to be worthwhile.
Anyway, my short order is already set. If you chase a long, remember to set your stop loss. DYOR!
$CHIP #空头信号 #波段交易 #Resistance level
On the news front, it's all good news being pushed nonstop, but the price just doesn't rise—it falls instead. The idea that once “good news has been fully priced in,” it turns into bad news has never changed in the crypto world.
In terms of trading, I placed the short-selling zone at 0.02934 - 0.03086, with a stop loss at 0.03176 and a target at 0.02571. The risk-reward ratio works out to be worthwhile.
Anyway, my short order is already set. If you chase a long, remember to set your stop loss. DYOR!
$CHIP #空头信号 #波段交易 #Resistance level