Bitcoin / TetherUSShort
BTCUSDT Short - Fading the pump
Updated
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this rallied back into what is now resistance, market structure is broken lower and now considered bearish.
this rallied back into what is now resistance, market structure is broken lower and now considered bearish.
Trade active
went higher than expected but still valid. exiting half position at the lows (25400) if we get there.
Note
although this is going sideways, i think its not going to resolve higher. SPX is at resistance and looks peaked. I think next week is a bloodbathTrade active
looks like it did in fact turn into a bloodbath. closed half at 25400.Trade active
added more at 26200 (put back what i took off at 25400)Trade closed: target reached
took off again what i added at 26200 and closed rest of position. All in all this has been a positive 2R position as i compounded and removed and round tripped a small amount.
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