Close all my longs! Dangerous, but I expect a correction
Hello dear friends!
Congratulations to each of you on your profitable trading who appreciated my previous post!
For the time being, I close all my long positions and open short, up to levels like 13500-14500k for one bitcoin .
You can throw tomatoes at me - but this is my choice, and I know why I chose this position!
First of all this - is the bitcoin price movement - up-29/down-13
Secondly: The overweight of long positions, which just rolls over!
Thirdly - I want to write to you that there is a new margin on bitcoin .
It is a record high.
Now the margin is $ 1225 or 1225 points. Most likely, the price will be pulled to 100% of the margin, namely 18600 - 18850.
4) is a set of short positions on the CME , which have never been so actively included in such a volume!
and 5 - next week will be red !!!
Otherwise, those who are looking for sales, it is important for you that the instrument closes below 50% of the margin (17950), and only then will it be possible to lower it to 17250 - 17150.
Congratulations to each of you on your profitable trading who appreciated my previous post!
For the time being, I close all my long positions and open short, up to levels like 13500-14500k for one bitcoin .
You can throw tomatoes at me - but this is my choice, and I know why I chose this position!
First of all this - is the bitcoin price movement - up-29/down-13
Secondly: The overweight of long positions, which just rolls over!
Thirdly - I want to write to you that there is a new margin on bitcoin .
It is a record high.
Now the margin is $ 1225 or 1225 points. Most likely, the price will be pulled to 100% of the margin, namely 18600 - 18850.
4) is a set of short positions on the CME , which have never been so actively included in such a volume!
and 5 - next week will be red !!!
Otherwise, those who are looking for sales, it is important for you that the instrument closes below 50% of the margin (17950), and only then will it be possible to lower it to 17250 - 17150.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.