Bitcoin
Short

Bitcoin - FIB PLAYED OUT PERFECTLY! (Trade Setup NO RISK)

Hello and welcome back again.

As you can see from my previous post, the FIB line acted as perfect resistance killing all the poor NASA moonboys.
Even after a retest of the level the moonboys got crushed like some dog snacks, before even testing the level.

Now i'll be quick for the trade setup that I will be using for a NO RISK trade with big gains :)!

If you used my previous trade setup you should allready be in profit now so good job to you precious human

1. The 12246 Short > 10900 Level (Selling 50% of my trade making this a NO RISK trade WITH BIG WINS ALLREADY)
2. I will be holding the rest for 6K-7K Region, Why I think this will play out ? (Because it is to easy, now we have leveraged trading introduced people can make BIG money very quickly, thats why they need to shake out some moonboy hands)

EXPLAINING MY THOUGHTS:
The 6K region was always in my mind, I was just searching for a way to verify it (which I did if the fib playes out).
Making money is never easy, people are just so greedy and naive thinking that bitcoin will always moon and never come back down again, and they will get burned for it !
A bullrun will eventually happen but it won't be like the other bullruns we have seen. Because of leveraged trading people can make money going up and down so thats exactly how the bullrun will commense. A slow rise with many pumps and dumps making sure to shake weak hands and new traders coming in the space.




Bitcoin (Cryptocurrency)Chart PatternscmefuturesdumpFibonacci RetracementTechnical IndicatorsnoriskretracementshortsetupTrend Analysis

Also on:

Disclaimer