maybe we gonna correct hard or breakout is coming
Updated
I totally belive that shorting BTC in a bull run is something crazy, every time whatever my shorting reasons are I find it going higher n higher, the most crazy coin you can analyze.
however, I would like to share this trade with you personally I am going with it.
using Fibonacci retracement tool
just look at the chart n see that we tried to broke 57990 3 times within the last 10 days n it doesn't work !!
I think we r going lower
maybe it will be the last huge bearish wave before the market recovery we can see btc going to 44000 or 42000, so I think this is a good are to think about shorting.
for alts it will be healthy correction to make dominance flow from btc to alt, IF btc went to 42000 area we will see -40% BTC dominance which will make all ALTS super bullish
i will set my stop loss on 60700
lets see what's gonna happen
however, I would like to share this trade with you personally I am going with it.
using Fibonacci retracement tool
just look at the chart n see that we tried to broke 57990 3 times within the last 10 days n it doesn't work !!
I think we r going lower
maybe it will be the last huge bearish wave before the market recovery we can see btc going to 44000 or 42000, so I think this is a good are to think about shorting.
for alts it will be healthy correction to make dominance flow from btc to alt, IF btc went to 42000 area we will see -40% BTC dominance which will make all ALTS super bullish
i will set my stop loss on 60700
lets see what's gonna happen
Trade closed: target reached
wooooow yeaah ! in less than 24 hours our shorting target reached ✌
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