Short

Ethereum (ETH) Expecting a retracement. Shorting it here.

Updated

Bitcoin has hit 3800, which was the original target. I closed all my Bitcoin longs at 3500 unfortunately, so I missed out on a lot of potential profit. Check out the successful and failed idea in the related section.

I will admit I hold a Bitcoin short around 3600, but it is a small position. I will add to it around here.

For now, Ethereum has hit heavy resistance. And so I am going to go heavy on an Ethereum short now. I am hoping for another liquidation spike so will wait a while.

Thanks for viewing! Anyone feel FOMO? I sure feel FOMO right now. Scared I'll miss out on a great short entry. Might come back to haunt me haha. A safer way to trade this would mean shorting it after confirmation.

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Here is eth and btc

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Trade still active. BTC sho

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Short filled 3870

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Ethereum short filled with 105 average entry price.

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Up 5%

Trade closed: stop reached

Closed for no profit, stop loss hit

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This trade was a success but I choose not to close it because of my bias that a heavier retracement would come.

Ended up killing all my profits.

HD1184K

Related publications

Called 3000 when Bitcoin was 6600. This is temporary bottom.

by HD1184K

Bitcoin (BTC) Heavy retracement coming. Maybe one more rally?

by HD1184K

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