No one goes into the market thinking they should buy at the high and sell at the low. The problem is that at the moment when faced with the ups and downs of the market, it’s hard to resist the urge to do those things.
Trading is all about spotting emotional excesses either to the downside or the upside. You want to be on the right side of those emotional reactions and not the wrong.
#LINKUSDT: I'm SHORT/BEARISH position up until (GREEN BOX) Fibonacci retracement levels 50%; .618% I expect that LINKUSD will rip down.
This would mean that CHAINLINK will lose more 50% of its current value against USDT Tether before it can recover.
Well, I keep you updated as this timely issue evolves.
If you want to win in this market, you need to be COLD and CALCULIST.