Bitcoin / TetherShort
The power to continue the downward move
Updated
The movement of the market towards the decline is very fast and powerful. Between these reductions, there are pullbacks to balance the market, i.e., supply and demand.
In the market, demand has decreased and supply has increased, so until there are no more buyers and the market cannot pull itself up, the market will move down.
A pullback has formed here and has rejected important resistances, so we can open a short position in the futures and place our stop loss above the minor.
Because if the market breaks and rejects the minor, it can show higher numbers, then we avoid getting liquidated.
We must keep in mind that the market is always going to liquidate or stop all those who think simple
So we have to determine our position after the events of the market and predict the events
This can be a safe entry point, however, we need to place our stop loss
Let's go do it !
In the market, demand has decreased and supply has increased, so until there are no more buyers and the market cannot pull itself up, the market will move down.
A pullback has formed here and has rejected important resistances, so we can open a short position in the futures and place our stop loss above the minor.
Because if the market breaks and rejects the minor, it can show higher numbers, then we avoid getting liquidated.
We must keep in mind that the market is always going to liquidate or stop all those who think simple
So we have to determine our position after the events of the market and predict the events
This can be a safe entry point, however, we need to place our stop loss
Let's go do it !
Note
The market price reached our first targetWe must be careful to sell 55% of the transaction when the price reaches the first TP
That is, according to the Martingale strategy
And we also change our stop loss and place it at the entry point
But I feel that now the market can move down again, so now we can use it again
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