A strong market does not mean every coin will continue going up. $GTC has already moved hard, $FLUID is struggling near resistance, and $PARTI is starting to lose its strength. This type of price action can create a good short opportunity.
The important thing is not simply that price is high. The real signal comes when buyers stop pushing higher and sellers start taking control. Once support breaks with strong selling, the downside move can become very fast.
Many traders look for shorts only after the dump starts. I prefer the setup where weakness appears before the big red candle.
The important thing is not simply that price is high. The real signal comes when buyers stop pushing higher and sellers start taking control. Once support breaks with strong selling, the downside move can become very fast.
Many traders look for shorts only after the dump starts. I prefer the setup where weakness appears before the big red candle.
