TAKE THIS WAVE—an absolutely textbook-level “deep V” washout. 📈
From 0.09111 it plunged to 0.01350, then flipped and surged to 0.08935 within a single day (+46% in one day). The main force blasted through all the short-sellers’ stop losses with the most brutal needle-like spike, then used a single big bullish candle to pin the missed long positions to the ground.
Now that the V-shaped structure is established, the strategy is to go with the big trend and resist the small pullbacks—wait for the retest to enter.
Buy zone: wait for a price pullback to around 0.065 - 0.070 and observe the strength of the order flow.
Stop-loss line: set it below 0.050. If price breaks that level, it means the V reversal failed—accept the loss.
Take-profit targets: first take profit at the previous high of 0.09111; after a breakout, hold and look for 0.12000.
In this kind of extreme market, don’t let emotions drive you—calculate the risk/reward ratio before you pull the trigger. Keep your stop-loss in place and just do it!
Don’t trade in the dark in crypto. If you want to avoid traps and stay consistently profitable, follow Xin’s rhythm!
From 0.09111 it plunged to 0.01350, then flipped and surged to 0.08935 within a single day (+46% in one day). The main force blasted through all the short-sellers’ stop losses with the most brutal needle-like spike, then used a single big bullish candle to pin the missed long positions to the ground.
Now that the V-shaped structure is established, the strategy is to go with the big trend and resist the small pullbacks—wait for the retest to enter.
Buy zone: wait for a price pullback to around 0.065 - 0.070 and observe the strength of the order flow.
Stop-loss line: set it below 0.050. If price breaks that level, it means the V reversal failed—accept the loss.
Take-profit targets: first take profit at the previous high of 0.09111; after a breakout, hold and look for 0.12000.
In this kind of extreme market, don’t let emotions drive you—calculate the risk/reward ratio before you pull the trigger. Keep your stop-loss in place and just do it!
Don’t trade in the dark in crypto. If you want to avoid traps and stay consistently profitable, follow Xin’s rhythm!
