I just closed the short order for XRP, this time it's not take profit, it's stop loss.
I had some confidence when I entered this position before, but recently XRP has been going sideways, with long and short signals fighting against each other, and the rhythm is off. From a long-term perspective, the likelihood of going long is greater, but the short-term short logic can't hold up. Instead of getting entangled in this ambiguous situation, it's better to take a loss - this is also part of swing trading.
The rhythm of the four retained short orders (BTC, ETH, SOL, DOGE) is clear: macro bearish, technical patterns complete, panic sentiment supporting the market. These are worth waiting for. Sometimes, knowing when not to act is more important than knowing when to act. #XRP #止损 #GateAI人机对抗赛 #GatePerps
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I just closed the short order for XRP, this time it's not take profit, it's stop loss.
I had some confidence when I entered this position before, but recently XRP has been going sideways, with long and short signals fighting against each other, and the rhythm is off. From a long-term perspective, the likelihood of going long is greater, but the short-term short logic can't hold up. Instead of getting entangled in this ambiguous situation, it's better to take a loss - this is also part of swing trading.
The rhythm of the four retained short orders (BTC, ETH, SOL, DOGE) is clear: macro bearish, technical patterns complete, panic sentiment supporting the market. These are worth waiting for. Sometimes, knowing when not to act is more important than knowing when to act.
#XRP #止损 #GateAI人机对抗赛 #GatePerps