Short

Some ideas for short entries

By UnknownUnicorn5920815

Updated

Might be one of the biggest short opportunities since back in the day. Barry Silbert is playing DOGE the way he did BTC in 2018.

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Scaling in, SL 0.23

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Starting scaling into position 1 as price already looks really weak, no guarantee it will go higher.

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Btw this is not the same pattern on the daily that was formed in April. This time its below the MA which increases my confidence that its a top, not a bottom.

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Short 1 (long term) locked in. Avg: 0.1880, SL 0.23, Liq 0.29. Might be a pump to 0.20 tomorrow or day after. Doesnt matter, as price is looking primed to move lower after.

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Short 1 so far very comfy. Already 4%+ since entry. The upcoming week will be a good time to look for second entry. One low leverage long term position and one high leverage short term position. Targeting 0.09 - 0.07. Will set up ladder close in this range for both positions.

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Position 1 is currently +10% from entry. The market is so heavy.

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Im out of here, my TP is 0.07. Will keep the trade running.

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Never got to get to short position 2. Might be an opportunity though if it keeps "consolidating". Position 1 is in big profit.

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DOGEbtc has broken the 99DMA and the short position was closed at stop loss in profit. Bias flipped bullish now until invalidated.

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Approaching short entry part 2. Looks juicy!

UnknownUnicorn5920815

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