Recently, I observed the trend of RESOLV, and there was a significant rise of 50% on the 19th. However, in the next three days, there was a pullback, and the price gradually moved down, nearing recent lows. Today, the daily chart has shown a renewed upward trend, and this signal is quite clear.



I focused on the 15-minute candlestick chart, and the previous adjustment period has basically stabilized, with downward pressure weakening. From a technical perspective, the establishment of an upward trend is already quite sufficient, and there is not much obvious downward adjustment space left. Entering a long position at this level carries relatively controllable risk.

Of course, before the market continues to rise, there will likely be some fluctuations due to wash trading, and such small fluctuations are normal. If you can grasp this rhythm, the returns can still be quite good, provided you have confidence in your trading judgment. If opinions differ, you can also choose a short strategy; the key is to be responsible for your own decisions.
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PoetryOnChainvip
· 12-23 10:54
50% that wave bull, but I still hold steady, afraid of being whipsawed --- It looks pretty stable, just don't know if there will be another big plummet --- This whipsaw rhythm is the most annoying, promised rise but then it went down --- Is the risk controllable? I think we need to observe a bit more --- Both bulls and bears have opportunities, the key is who can survive until the end
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MagicBeanvip
· 12-23 10:48
A 50% rise got dumped directly, this whipsaw is a bit harsh... However, your analytical logic is okay, just don't get shaken out by the subsequent fluctuations.
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WhaleShadowvip
· 12-23 10:37
I actually missed that 50% wave, is it a bit late to enter now, bro? --- I'm afraid of whipsaw, I always get played for suckers --- This wave looks comfortable, just afraid of the Be Played for Suckers routine starting --- Both long positions and short positions are right, but the key is I'm losing money --- Uh, I feel like I'm going to be tricked again, I've seen this kind of signal too many times --- What confidence can I have, I have no confidence when losing money --- For those chasing rising prices at this position, let's see the truth this afternoon --- If the whipsaw washes me out, it's all over, too exhausting
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RunWhenCutvip
· 12-23 10:27
That 50% wave is indeed a bit intense, but I usually wait for this kind of rebound to stabilize before entering a position, or else I'll be played for suckers by a whipsaw.
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MetaEggplantvip
· 12-23 10:27
I also saw that 50% wave, but can this rebound really hold? It feels like we are about to see another whipsaw. I've seen plenty of whipsaws; the key is whether it can break the previous high, otherwise it's just a bluff. The technicals look good, but I still want to wait for further confirmation; controllable risk doesn't mean guaranteed profit. You're right, take responsibility for your own orders, don't be fooled by others' analyses. The 15-minute chart still looks a bit dangerous to me; the rebound space feels limited. Long positions can be entered, but set stop losses properly; that's how I operate. To be honest, this round of increase isn't that strong; the 50% on the 19th was the real pump, and this current rebound feels a bit weak.
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