After seeing the trades of $LINK , I roughly understand what’s going on—liquidity simply can’t support this price.
The volume-price divergence is too obvious: the price makes new highs, but the trading volume can’t keep up. This suggests the people propping it up themselves don’t have confidence. A rally with no volume at all can’t last.
In terms of execution, my strategy is simple: build short positions in batches between 9.320 and 9.653, hold them if it breaks below 8.274, and if there’s a breakout above 9.938, admit I’m wrong and exit.
Don’t rush to scroll past—how far do you think this move can still go? Drop a number in the comments.
Follow me. A real trading log from a retail trader—if I’m right, you’ll make money; if I’m wrong, then we admit it.
$LINK #行情分析 #K线分析 #short
The volume-price divergence is too obvious: the price makes new highs, but the trading volume can’t keep up. This suggests the people propping it up themselves don’t have confidence. A rally with no volume at all can’t last.
In terms of execution, my strategy is simple: build short positions in batches between 9.320 and 9.653, hold them if it breaks below 8.274, and if there’s a breakout above 9.938, admit I’m wrong and exit.
Don’t rush to scroll past—how far do you think this move can still go? Drop a number in the comments.
Follow me. A real trading log from a retail trader—if I’m right, you’ll make money; if I’m wrong, then we admit it.
$LINK #行情分析 #K线分析 #short