non of the technical points you made will work with this coin....once they dump it will be tooo hard..it's a slow ponzi sceam. Never Short this scam coin...they make funding money
The Trading Lens
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$RIVER If you losing money on RIVER read this.
Many of you are getting destroyed on RIVER not because the coin is “manipulated” but because you’re doing the same 3 mistakes again and again.
1) Shorting just because price looks high A parabolic move doesn’t stop just because it doubled or tripled. As long as structure is intact and dips are getting bought, the trend is still UP. High price is not a short signal.
2) Adding to a losing position First short gets squeezed. Then you add more. Then market pushes one more leg up and wipes you out completely. This is not trading. This is emotional averaging.
3) Fighting momentum instead of waiting for it to die You don’t short strength. You short weakness after strength.
You wait for: • Failed breakout • Lower high • Breakdown of support • Distribution, not excitement
What you should be doing instead right now: • Either stay out • Or trade with the trend on pullbacks • Or wait patiently for real signs of exhaustion No setup = no trade. No confirmation = no trade.
Survival > Prediction.
RIVER will dump one day. Everything does. But your job is to be alive when that happens. If you want to learn how to read these phases, avoid emotional shorts, and trade madness like this with logic instead of ego, I share my real time thinking and market structure view daily so follow for more @The Trading Lens
Protect capital first. Profits come later. @Binance Square Official
Whale ALERT: $LIGHT is a ticking time bomb with 98% supply held by just 10 people. The exit rug is already loaded—short it now before the top 1% dumps on your head!
👉The Cup and Handle pattern is a bullish chart formation that looks like a cup with a handle, suggesting a potential upward price movement.👇
👉It involves a price decline to form the "cup," a stabilization and rise back to the starting level, followed by a smaller decline to form the "handle."
👉This pattern can last from several weeks to months, with the breakout from the handle signaling a buying opportunity.
👉It's seen as a continuation pattern, indicating the price may continue its prior trend. However, it's used with other analyses for better decision-making, as it's not a guaranteed predictor of future price movements.
🔮You can long BTC Isolated Margin with 5x leverage till 80 to 90 or may be 100k🚀