Using ada, matic and chz as an example. The remaining coins, which I recently shorted on an isolated margin, have almost identical charts.

Proper averaging in stock trading works quite well, it has been personally verified more than once. It turns out that if you took longs in May and gained more after the spill in June, you could already end up with a small loss, and for some coins, even a profit. It depends, of course, on what volumes to enter for the first and second time.

Another thing is that I personally have more than once driven myself into difficult situations, from which I sometimes had to get out of profit or loss for several months, due to failure to follow one simple rule - if an asset falls/grows for a long time, then it is better not to enter with the trend immediately, but wait for better prices or even speculate against the grain.

The situation is the same here, yes, I am 80-90% sure that the price will eventually close me in plus for the shorts accumulated after 10.06, but again I hurried without waiting for better prices) I’ve been trading for more than a year, but every time I fall for this hook ) Although, of course, as it happened now, it doesn’t always happen. Sometimes the price goes further almost immediately, which is what I was counting on.

But fortunately, there are still enough stables to go short with these or other coins a little later, at better prices. That is, also average short positions. But I will try not to rush and not to be greedy) And now, with stops, you can play for the continuation of growth.

So, what about these (and many other) alts... The charts show large, uncovered bearish volumes at 1h, 4h and daily simultaneously, with active buybacks. A v-shaped turn formed, many successfully caught the knife and went to earn money. Such candles with such huge volumes always (well, almost always), if they follow a trend, sooner or later they overlap (turn) or, at least, the price approaches this level 1-2 more times.

This happens for a reason for beauty) But to collect liquidity or create a new level of liquidity (at the level of the first loy). In addition, in many assets, during this growth/rebound, additional liquidity that has not been collected has accumulated, which gives me even more confidence in short positions.

Well, you need to take into account that they began to grow on a number of frankly good news - blackrock, the opening of the edx exchange, Deutsche Bank’s request for a license to store crypto, a break in the Fed’s rate hikes. Everything is somehow easy for a full-fledged reversal) Therefore, I will keep in mind further growth, but more globally - I continue to build on the short alt.