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.
View Original
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
  • Reward
  • 8
  • Repost
  • Share
Comment
0/400
GetRichLeekvip
· 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.
View OriginalReply0
TestnetFreeloadervip
· 16h ago
It was settled in just 16 hours. I like this move; not being greedy is the key to being a winner.
View OriginalReply0
MultiSigFailMastervip
· 01-06 14:00
Haha, a turnaround in just 16 hours, this luck is impressive.
View OriginalReply0
ClassicDumpstervip
· 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.
View OriginalReply0
nft_widowvip
· 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.
View OriginalReply0
OnlyUpOnlyvip
· 01-06 13:50
16 hours up 50%, this pace is really satisfying, support and resistance are tightly controlled, I respect it.
View OriginalReply0
RugDocDetectivevip
· 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.
View OriginalReply0
GweiWatchervip
· 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.
View OriginalReply0
  • Pin

Trade Crypto Anywhere Anytime
qrCode
Scan to download Gate App
Community
  • 简体中文
  • English
  • Tiếng Việt
  • 繁體中文
  • Español
  • Русский
  • Français (Afrique)
  • Português (Portugal)
  • Bahasa Indonesia
  • 日本語
  • بالعربية
  • Українська
  • Português (Brasil)