$RIVER If you losing money on RIVER read this.
Many of you are getting destroyed on RIVER not because the coin is โmanipulatedโ but because youโre doing the same 3 mistakes again and again.
1) Shorting just because price looks high
A parabolic move doesnโt stop just because it doubled or tripled.
As long as structure is intact and dips are getting bought, the trend is still UP.
High price is not a short signal.
2) Adding to a losing position
First short gets squeezed.
Then you add more.
Then market pushes one more leg up and wipes you out completely.
This is not trading. This is emotional averaging.
3) Fighting momentum instead of waiting for it to die
You donโt short strength.
You short weakness after strength.
You wait for: โข Failed breakout
โข Lower high
โข Breakdown of support
โข Distribution, not excitement
What you should be doing instead right now:
โข Either stay out
โข Or trade with the trend on pullbacks
โข Or wait patiently for real signs of exhaustion
No setup = no trade.
No confirmation = no trade.
Survival > Prediction.
RIVER will dump one day. Everything does.
But your job is to be alive when that happens.
If you want to learn how to read these phases, avoid emotional shorts, and trade madness like this with logic instead of ego, I share my real-time thinking and market structure view in my private space.
Link is in my profile / posts.
click here @Sam48301 Protect capital first. Profits come later.
#RฤฐVER #TechnicalAnalysis