The ZEC transaction from last month, #美联储恢复降息进程 , ultimately realized a paper profit of 46000U in December.
The incident began late at night on the 27th when the volume-price structure of ZEC showed a divergence signal. At that time, the price was oscillating around 530, and I determined that there was short-term pressure for a pullback, so I opened a short position.
The market didn't follow the script. Instead of falling, the price of the coins rose, and at one point, my positions were in the green. Many trading groups began discussing whether to cut losses and exit. However, I reviewed on-chain data and capital flow, and I felt this surge seemed more like a trap to entice buyers—large sell pressure is still lurking above.
Sure enough, it didn't take long.
A strong bearish candlestick has directly broken through the support, causing the price to quickly retreat to the 380 range. I gradually closed my position near 380, and this short position ultimately yielded a profit of 46000U. The entire cycle from setup to take profit spanned nearly a month.
Now I have my eyes on a few new targets, the volatility and chip structure are quite interesting. The market is always full of opportunities, what it lacks is patience and discipline.
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AirdropHunter007
· 12-01 12:38
Wow, this bull trap setup is really amazing, I just love this kind of order that's brought back forcefully.
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WhaleWatcher
· 12-01 08:22
Oh, this technique is really amazing, the Reverse operation really held up against the psychological pressure... If I had this patience, I would have gotten rich a long time ago.
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TxFailed
· 12-01 08:21
ngl the patience thing hits different when you're down 30% midway through lmao... but yeah discipline saves more bags than luck ever will
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AltcoinMarathoner
· 12-01 08:21
ngl that month-long ZEC trade hits different when you're thinking in ultra-marathon terms... price action from 530 down to 380 is just mile 18, the real test was holding conviction through the noise. respect the on-chain digging instead of panic selling when it went against you first.
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ChainMelonWatcher
· 12-01 08:21
Wait, how did the ZEC fall from 530 to 380? How did you see this as a bull trap? I didn't notice it.
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OffchainWinner
· 12-01 08:17
Bull trap slaps back, we just need to wait for that Bearish line, patience is really valuable.
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OnlyOnMainnet
· 12-01 08:03
46k in the bag, this is right, patience is indeed a rare commodity.
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0xSleepDeprived
· 12-01 08:00
The bull trap is indeed harsh, but this wave is quite bold, still daring to hold onto unrealized losses.
The ZEC transaction from last month, #美联储恢复降息进程 , ultimately realized a paper profit of 46000U in December.
The incident began late at night on the 27th when the volume-price structure of ZEC showed a divergence signal. At that time, the price was oscillating around 530, and I determined that there was short-term pressure for a pullback, so I opened a short position.
The market didn't follow the script. Instead of falling, the price of the coins rose, and at one point, my positions were in the green. Many trading groups began discussing whether to cut losses and exit. However, I reviewed on-chain data and capital flow, and I felt this surge seemed more like a trap to entice buyers—large sell pressure is still lurking above.
Sure enough, it didn't take long.
A strong bearish candlestick has directly broken through the support, causing the price to quickly retreat to the 380 range. I gradually closed my position near 380, and this short position ultimately yielded a profit of 46000U. The entire cycle from setup to take profit spanned nearly a month.
Now I have my eyes on a few new targets, the volatility and chip structure are quite interesting. The market is always full of opportunities, what it lacks is patience and discipline.