Woke up to find that my BTC short position has lost over half its profit,
$LAB Yesterday I analyzed the market and saw the downturn.
But man, LAB's volatility is wild, it broke through $16.
Opened up some space above, but honestly, I have no clue where to set my short stop-loss.
I can only say, wait and see, or buy the dips, but where do I set the stop-loss for that?
Just relying on luck, right?
Forget about tech analysis for now, we’re seeing a no-volume pump.
It’s clear that LAB’s market makers are forcefully pushing the price up, so,
better to sit this one out.
I previously traded ZEC and went short, that was quite the grind, slow decline.
Also, I noticed that buy orders for LAB are super low, my stop-loss didn’t hit, so this afternoon I just opened the app and manually stopped out...
If I had known, I wouldn't have touched this altcoin; alts are just too risky, and no point in overanalyzing, it’s all about luck.
$LAB #山寨不能格局 #LAB10u见