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Trade #31 Short
Bitcoin / TetherUS PERPETUAL CONTRACT
Short
Trade #31 Short
By Theta-Digital
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Updated
Aug 9, 2024
7
1
1
Aug 6, 2024
short entry: $54,800 -- stop: $56.5 -- target: $49.5
hidden bearish divergence on 4H timeframe:
Aug 6, 2024
Note
Aug 6, 2024
Trade active
scaling into short position
Aug 6, 2024
Trade active
avg. short entry: $56,100
Aug 6, 2024
Note
Aug 6, 2024
Trade active
holding short
Aug 7, 2024
Trade active
divergence keeps getting stronger. added to short position here at $57.5
Aug 7, 2024
Note
adj. target to $53.1
Aug 7, 2024
Trade active
cut position in half at $56.9
Aug 7, 2024
Note
chance for stops below last low being taken out before uptrend continues
Aug 8, 2024
Note
divergence cancelled -- scaling out of short slowly
Aug 8, 2024
Trade active
re-entered short at $59.4
Aug 8, 2024
Note
added to short at $61,160
Aug 8, 2024
Note
added to short at $62,445
Aug 9, 2024
Trade active
maintaining short position here at $60.9
Aug 9, 2024
Note
reduced short at $60.6
Aug 9, 2024
Trade closed manually
scaling out of short around $60.6
Trend Analysis
Theta-Digital
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