There are 2 shorting positions on BTC
Updated
(FYI MY POSITIONS ARE AT 23.9K)
If I miss it I miss it, oh well
Positions
Potential positions; 18.2k & 23.9k
18.2k broke a few weekly candles, this isn't good at all but with a good position everything will be fine right?
well we will see
If we get into a position at 23.9k and the weekly stays under 18.2k I can promise we can make profit but if it closes above 18.2k then that's when I get confused with a miner bullish thesis. Once bulls close weekly/weekly's above 24k then ill have a major bullish thesis but I highly doubt till happen.
We need weekly's to close under 18.2k and when the last weekly closes under 16.1k then that's when we see a +20% fall
[i]Take Profit
T1: $9,699
T2: $6,999
T3: (aka sell your soul): $1,000 - $2,500
glhf, be safe leverage is no joke
If I miss it I miss it, oh well
Positions
Potential positions; 18.2k & 23.9k
18.2k broke a few weekly candles, this isn't good at all but with a good position everything will be fine right?
well we will see
If we get into a position at 23.9k and the weekly stays under 18.2k I can promise we can make profit but if it closes above 18.2k then that's when I get confused with a miner bullish thesis. Once bulls close weekly/weekly's above 24k then ill have a major bullish thesis but I highly doubt till happen.
We need weekly's to close under 18.2k and when the last weekly closes under 16.1k then that's when we see a +20% fall
[i]Take Profit
T1: $9,699
T2: $6,999
T3: (aka sell your soul): $1,000 - $2,500
glhf, be safe leverage is no joke
Trade active
Note
The kiss of death
Note
good luck
Trade closed manually
closed at brake even, my short was 24k and im out sadly.waiting for 28k-31k or let a daily close under 24k again then ill re enter.
Note
31k-33.5k is resistance
(MY SHORTS ARE AT 33.5K)
Note
the monthly an weekly's stayed under the 1.618 fib also under the resistance at 28,260.I canceled my orders at 33.5k, sold all my spot and still thinking about if I should start shorting.
my plan:
lets just say my position is 1 btc short, im thinking of shorting .5 btc around 28.3k ish and get the next .5 btc once a 1D closes under 24k or wait for a weekly close under 24k to enter the rest of my position. It all depends on pa
THE MOST IMPORTANT THING IS CANDEL STICK CLOSES
ill update when I start, I haven't made a move yet
glhf
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