$CHIP is currently not the best point to short, so don't think you'll hit the perfect position. I hope nobody's holding onto their positions, and if you are, you're going to lose sleep tonight.
The 4-hour chart combined with the hourly volume is climbing steadily. If everyone is going short, you can bet they'll trap you.
There's no need to hold onto your positions. You can refer to the short rave strategy I previously shared; a clear signal is that volume must shrink, the more it shrinks, the better. When it can't push up anymore, that's your best time to short.
I suggest you consider Strategy Two; it's conservative but steady. If you also check the on-chain whale addresses for selling, that makes it even more reliable.
For those who used my two strategies, just check the timestamps of my posts. The first strategy hit a two-mil (almost at the top, the signal was extreme volume shrinkage). The second take profit strategy hit one mil.
The 4-hour chart combined with the hourly volume is climbing steadily. If everyone is going short, you can bet they'll trap you.
There's no need to hold onto your positions. You can refer to the short rave strategy I previously shared; a clear signal is that volume must shrink, the more it shrinks, the better. When it can't push up anymore, that's your best time to short.
I suggest you consider Strategy Two; it's conservative but steady. If you also check the on-chain whale addresses for selling, that makes it even more reliable.
For those who used my two strategies, just check the timestamps of my posts. The first strategy hit a two-mil (almost at the top, the signal was extreme volume shrinkage). The second take profit strategy hit one mil.