Bitcoin Short Trend Reversal(Mid term)
Updated
Started DCA Shorting BTC from above 68000.
Stoploss flat 69000.(1.5%)
Pretty much clean setup on this one with nice RR. Taking it won't hurt much because of the tighter stoploss.
Targeting 61k and 55k.
The price if holds here can see a significant downside.
I opened a position after very long time hopefully this will go good.
Note: Not a Financial Advice.
Stoploss flat 69000.(1.5%)
Pretty much clean setup on this one with nice RR. Taking it won't hurt much because of the tighter stoploss.
Targeting 61k and 55k.
The price if holds here can see a significant downside.
I opened a position after very long time hopefully this will go good.
Note: Not a Financial Advice.
Trade active
Trade active
Fully filled at 68300.Note
Uh OH.Added more margin here at 68750(not planned) to adjust the avg entry but this doesn't looks any weak now.
Trade closed: stop reached
Closed out but looks like I'll renter soon.Note
Uh oh thanks to stoploss.If h4 closed like this or above 69k things might change.
Note
Knew it they won't be able to close that h4 like that. What's next a continuation?Trade active
After the retrace took a short again here from 69300 with close sl at 69700 in the new h4 candle.Trading in volatility like this is not my thing.
Previous closed Strong enough. Will Flip long when price settles here.
Note
Moved stoploss to entry.Will add more if it holds under 68600.
Definitely if it holds here I'll flip long targeting 78k at least.
Note
Added more shorts here in 68550. Flat stops slightly below entry at 68900.Definitely if it holds up here and doesn't reject it is going more up because if we can see different time-frames most of them are Bullish. Take Daily and if Daily expandes from here it can easily go to 78k.
Trade closed manually
No volume and i been holding this for hours for nothing.Closed it here +4%.
Nicely Scalped in Gala and Axs today if i wouldn't have this position running i would've gained more from those scalps.
Note
Solid bounce and retested 69k looks like no down and 78k is coming.Alts running again. Have a nice longs in sushi and snx hopefully these both will run soon higher.
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