$BTW After this collapse, I don't expect it to return and rise to the previous levels. It will return to its real value of $0.02, and maybe even lower.
$VELVET Do you know why I hold short deals and increase when there is a false rebound? Look at the chart—it strongly screams that the trend is bearish, and what is happening is the whales exiting systematically. Don’t let your money be a trade for the whales’ exit; make money and open the short position $ON $BTW 🔻🔻
$VELVET short Entry 0.640$ Goals 0.600$ 0.500$ 0.200$ Why do these settings today show a huge rejection from the daily high? As the weekly candle is bearish from the 1.100$ level, and I do not expect it to break 0.75$, so set a stop loss at 0.755$