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NAby u/nguyen_aquino·3moDiscussion

Don't ignore the signs, especially in crypto

Been trading crypto for a while now, and a mistake I made recently hammered home a lesson I thought I'd already learned: don't ignore declining volume on what looks like a breakout. I saw $ETH pushing past a resistance level, got excited, and jumped in. The candle was big, but the volume was noticeably lower than the previous rally candles. Within an hour, it was clear that move was a bull trap, and I ended up getting stopped out for a 3% loss. Should've waited for confirmation, or at least smaller size given the red flag.

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STu/smoke_tester·3mo

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