Recently monitored several trading opportunities, among which the RIVER trend is particularly worth reviewing.
This coin built a solid support around $12, and the price tested this level multiple times without breaking below. From a technical perspective, the bottom support is strong, and the bullish momentum is accumulating. Based on this judgment, a long position was established at the $12.003 level.
The subsequent movement indeed met expectations—price steadily rose, and volume did not lag behind. This combination of volume and price is usually a reliable bullish signal. However, around $18.5, the situation began to change. The upward momentum clearly weakened, and the price showed a noticeable stalling pattern, which is a clear sign of resistance. So, I decisively closed the position at the high to take profits, with the entire holding period about 16 hours.
Every market phase offers opportunities; the key is to identify support and resistance, the coordination of volume, and when to exit decisively. The current focus is on further refining the trading pool, looking for similar technical patterns and volume characteristics. Once the rhythm aligns, execution becomes especially crucial.
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GetRichLeek
· 11h ago
Wow, this wave of RIVER is really strong. A 50% gain in 16 hours isn't excessive, right? I envy those who can read the resistance levels.
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TestnetFreeloader
· 16h ago
It was settled in just 16 hours. I like this move; not being greedy is the key to being a winner.
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MultiSigFailMaster
· 01-06 14:00
Haha, a turnaround in just 16 hours, this luck is impressive.
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ClassicDumpster
· 01-06 13:59
Made a profit in just a 16-hour trading cycle. I can't keep up with such a strong sense of rhythm.
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nft_widow
· 01-06 13:51
16 hours of quick in and out, this rhythm is really awesome. Hold tight as long as the support isn't broken, run when there's stagnation, it's that simple and straightforward. I just like it.
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OnlyUpOnly
· 01-06 13:50
16 hours up 50%, this pace is really satisfying, support and resistance are tightly controlled, I respect it.
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RugDocDetective
· 01-06 13:48
16 hours and already harvested/taken profits, the execution is really impressive. The problem is I just can't hold onto my positions.
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GweiWatcher
· 01-06 13:37
Harvested 54% in 16 hours, this pace is truly amazing. The key is that I really took profits and didn't be greedy.
Recently monitored several trading opportunities, among which the RIVER trend is particularly worth reviewing.
This coin built a solid support around $12, and the price tested this level multiple times without breaking below. From a technical perspective, the bottom support is strong, and the bullish momentum is accumulating. Based on this judgment, a long position was established at the $12.003 level.
The subsequent movement indeed met expectations—price steadily rose, and volume did not lag behind. This combination of volume and price is usually a reliable bullish signal. However, around $18.5, the situation began to change. The upward momentum clearly weakened, and the price showed a noticeable stalling pattern, which is a clear sign of resistance. So, I decisively closed the position at the high to take profits, with the entire holding period about 16 hours.
Every market phase offers opportunities; the key is to identify support and resistance, the coordination of volume, and when to exit decisively. The current focus is on further refining the trading pool, looking for similar technical patterns and volume characteristics. Once the rhythm aligns, execution becomes especially crucial.