Shortmarket
Bitcoin sell short position idea Greetings from Team : Trading The Tides.
lets discuss a short sell oportunity on (coin name )
Target area for initiating short :16700
DCA Limits : 16900 , 17200
TP :15900
SL :
Hold Time : Short term
Technical Chart Pattern:
Posible liquidity area : 17250
Exchange:Binance
Idea :
Btc is currently trading inside a rising wedge , and most probably will dump as per the black Friday which if we see the history the dumps are as follows :
2021: 10.16 %
2020: 16.66%
2019: 20.44%
Indicators suporting sell , rsi
So chances are that it happens again considering all the news in the crypto industry and the overall economy.
please leave your kind reviews !
Rules :
We use big capital with less leverage .
Max leverage : 3x
Better take trades with 1x.
We only post the exact setup we are following for the trades .
But DYOR .
Not a Financial Advice !
From Team :
Trading The Tides
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Thanks a lot and see you soon on the next trade .
QQQ slide SQQQ rise We are what looks like a perfect setup for an SQQQ rise which would mean a QQQ decline.
Currently it's been trading in a descending wedge and about to cross over on the daily MACD.
This is followed by low RSI and and some near term gaps that need to filled.
I think the question is how far does the NASDAQ have to decline again for these gaps to be filled?
Could have another small decline tomorrow or we could start a reversal next week... who really knows
Looks like a nice set up to possibly take advantage once there is a clear breakout.
That's all folks.
Sell ROKU at 413$ to 380$ target price Open short idea RUKU.
From 413$ to 380$ (+8% gain).
Reasons - new TV sets and sticks will decrease quartal to quartal due to previous highs jumps in sales in covid lock-downs period. Now who wanted to buy TV or stick mostly done this, and future sales will decrease in post-covid reality.
Also there is few ideas to short, TESLA, NIO see below.
UPDD: NIO has reached the target +9% take proft on short.
Tesla
DOW 800 Points?? If SPY doesn't hold, we will see new lowsSpy moving down, if we break this support, things won't be looking good. Unless you entered EGO, TLT, and Gold with me before the weekend. If the fed cuts rates, TLT will bounce.
Puts on Roku and FB hit, took profits and now we are in the play for free.
DotcomJack
Always do your own research.
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