BTCUSD - D - SHORT
Updated
Previous try on BTC was a good call, but I remain very cautious about crypto and trading. Don't misunderstand, I'm deeply invested in cryptocurrencies but on blockchain and mining, not really speculating with shitcoins and others stuff.
I somehow needs to open hedging positions considering my mining business, that's why I monitor closely some charts.
I'm seeing a bearish continuation on BTC, that may not stop at current support (6k-ish). Fondamentally I believe it would be healthier for cryptomarket to have another leg down in order to shake for good all fake hands/investors that came up last year.
Then we
Don't take this idea too seriously as I'm just using my forex/commodities strategy to crypto and I didn't backtest too much on these market.
Trade with your own diligence,
GL HF
I somehow needs to open hedging positions considering my mining business, that's why I monitor closely some charts.
I'm seeing a bearish continuation on BTC, that may not stop at current support (6k-ish). Fondamentally I believe it would be healthier for cryptomarket to have another leg down in order to shake for good all fake hands/investors that came up last year.
Then we
Don't take this idea too seriously as I'm just using my forex/commodities strategy to crypto and I didn't backtest too much on these market.
Trade with your own diligence,
GL HF
Comment
Closed 50%@TP1. SL@BE. Let's see if support is broken or not in the following days.Comment
So far support seems to barely hold. It can go either way. I'm holding my short because of mining hedging but if not, I would close it.Comment
Nice move from BTC, too early to take position IMHO.Comment
Trade closed manually
I'm closing my short here@8200.
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