I would like to ask friends who are shorting: the recent performance of the RIVER token is really hard to predict. The current price is around 15, but the trend is very volatile and irregular, and the oscillation pattern is completely unpredictable. I haven't done much shorting myself, and my technical skills are still quite inexperienced. Looking at the candlestick chart of this token, I am even more confused. Is it really suitable for shorting? If any experienced trading experts could give some advice, I would be very grateful. I want to systematically learn about shorting strategies and risk management.
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GoldDiggerDuck
· 01-04 12:53
Hey, 15-dollar RIVER? I didn't even look at it. Stay away from these unpredictable coins, it's easy to get liquidated, you know.
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Honestly, coins with irregular fluctuations are the easiest to get trapped in when shorting. No matter how good your risk management is, uncertainty is hard to handle.
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To short, you need clear support and resistance levels. If the candlestick chart is confusing, it means you haven't understood the fundamentals. I don't recommend jumping in.
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Instead of researching how to short RIVER, it's better to start with coins that have clear trends to practice. Why bite off more than you can chew right away?
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With such volatility at 15 dollars, it feels like the main players are accumulating, so it's not a good time to short.
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Friend, if you've never shorted before, trying to learn on such a coin is just asking for trouble.
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My advice is to do a paper trading simulation for a month first. Don't jump straight into real money; the risk is too high.
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I haven't even heard much about RIVER. With such low popularity, shorting this coin's liquidity is also questionable.
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Irregular fluctuations = potential liquidation risk. That's basic common sense. Why ask more?
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RamenDeFiSurvivor
· 01-04 12:51
My suggestion? Don't touch RIVER. The trend of this coin is a mystery; even veterans can't understand it.
Someone asked about this in the channel a month ago, and in the end, they all lost money.
Instead of fussing over this coin, it's better to thoroughly understand the fundamentals and short-selling logic first.
The coin at the current price of 15 is so volatile that setting stop-losses is easily washed out.
Honestly: if you don't understand it, don't short it. Poor technical skills just mean giving money to the exchange.
It's better to find a coin with good liquidity and clear trend to practice on. RIVER is too irregular.
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LuckyBearDrawer
· 01-04 12:46
Honestly, RIVER is now just a mystery. I can't see through it either. Better to wait and see first.
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Short positions need clear technical support. Going in like this is purely luck.
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The 15-dollar level doesn't have any obvious resistance. Recklessly shorting is just giving money to the market makers.
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Don't force yourself into a coin you don't understand. Risk management should be mastered first.
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For such a volatile and irregular asset, shorting is actually more difficult and easy to get trapped.
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Instead of pondering RIVER, it's better to look for coins with clearer trends to trade; the win rate will be higher.
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It's not very suitable for beginners to short directly. It's safer to start by learning the theory of bearish thinking.
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This coin's chart looks manipulated; it’s not very reliable as a reference.
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NotSatoshi
· 01-04 12:44
I've also looked into RIVER. Honestly, its fluctuations are quite unpredictable. It's best for beginners to avoid it, as you can't handle this kind of uncertainty.
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down_only_larry
· 01-04 12:37
If you can't figure out the trend, don't touch it. This is the first lesson in risk management, friends.
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RIVER's recent move is indeed strange; I don't understand it either. But the biggest risk in shorting is chasing highs and lows.
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Beginners are advised not to think about making money by shorting first. Learn to survive first.
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A coin at $15 with irregular fluctuations? That’s a sign to stay away.
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Still inexperienced technically and want to short? Are you just giving away money?
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If you can't figure out the volatility, don't try it. Wait until it breaks out.
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Shorting sounds simple, but losses can happen very quickly. Be cautious.
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This market trend is so unpredictable that even I’m not confident. Beginners should just forget it.
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I also haven't figured out RIVER's trend. Anyway, I don't touch coins I don't understand.
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Still confused and want to short? That idea is a bit dangerous.
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huwu
· 01-04 12:27
12 empty, 19 over, trust me, I'm right
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GateUser-feb4079e
· 01-04 12:27
If you don't understand, toss a coin; at least there's a 50% chance of survival.
I would like to ask friends who are shorting: the recent performance of the RIVER token is really hard to predict. The current price is around 15, but the trend is very volatile and irregular, and the oscillation pattern is completely unpredictable. I haven't done much shorting myself, and my technical skills are still quite inexperienced. Looking at the candlestick chart of this token, I am even more confused. Is it really suitable for shorting? If any experienced trading experts could give some advice, I would be very grateful. I want to systematically learn about shorting strategies and risk management.