$TRUMP
$TRUMP Over the past two days, I’ll be a bit more cautious about the market picture. Short-term rebounds are not hard to come by, but the kind of pullback seen over a 48-hour window hasn’t been fully repaired yet.
These emotion-driven coins are the easiest to pull people back with a single bullish candle, and then suddenly the high-level support/acceptance disappears. If you’re going to look, look at whether the rebound has continuity—don’t just look at whether the name is hot.
If it spikes up and then quickly falls back into the prior consolidation range, I’ll directly lower my expectations. You can play with sentiment, but you also need to think through your stop-loss line first.
$TRUMP Over the past two days, I’ll be a bit more cautious about the market picture. Short-term rebounds are not hard to come by, but the kind of pullback seen over a 48-hour window hasn’t been fully repaired yet.
These emotion-driven coins are the easiest to pull people back with a single bullish candle, and then suddenly the high-level support/acceptance disappears. If you’re going to look, look at whether the rebound has continuity—don’t just look at whether the name is hot.
If it spikes up and then quickly falls back into the prior consolidation range, I’ll directly lower my expectations. You can play with sentiment, but you also need to think through your stop-loss line first.
