BTC SHORT TP:88,000 20-12-2024
Updated
I am looking to open a short position in BTC, with a target set below 88,000. Entry points are available both now and below 101,000. It is essential to set stop losses above 103,200 to safeguard the investment. This movement is expected to unfold within a timeframe of 4 to 8 days. As the trade progresses, I will provide updates, so to stay informed, I invite you to activate notifications and follow me. #Bitcoin #Trade
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We're still waiting for the movement, and I'm holding firm on the short position. So far, the patterns and setup remain correct. I'll provide updates if anything changes; there are still 4 to 5 days left for the movement to occur.Note
In the coming days, particularly until the 29th or 30th, it is essential that we remain vigilant for the decline we have been anticipating in our projections. If, for any reason, this drop does not materialize, the analysis we have conducted will become invalid. In such a scenario, it will be crucial to reassess and reanalyze the current situation to adjust our strategies and make informed decisions based on the new market conditions.Note
The price is experiencing a decline and seems to be heading towards our take profit target. At this point, we have decided to adjust our stop loss to break even (BE) in order to protect our positions and ensure that we do not incur any losses. Now, we can wait with optimism for our profit target to be reached within an estimated timeframe of two days. We will keep a close eye on the situation to react promptly to any changes that may arise.Trade closed manually
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