Short at resistance. Low risk trade. 3 entries. 21, 21.80 and 22.20
Note
Massive poo pooNote
H4 on btc looks like they gonna pump. They tested stops and are bouncing back. May end up with big pumpNote
Stock market is up a bit but btc keeps falling. Good sign for shorts but still no breakdownNote
Opened a small long btc position. Very low risk if we break downNote
I think btc at 25200 still very possible. Not selling my long position until we break below 21300Note
Plan for solana is to hold it for now in case we go lower or sell at break even/when fib breaks out. Then potentially catch another short around $27.70Note
Added to long, closed some profit on solanaNote
Closed 50% of solana. I don't like how they build this fear without breaking out. 2 btc longNote
Btc tp between 23k - 25.2kNote
Shorts trapped perfectly by this fake breakdown. Breakout traders getting destroyed soonNote
Btc fighting with resistance. Like I said breakout traders getting fkedNote
Works fineNote
22300 clear rejection may signal a further continuation to the downside. Switched to short and see how it goes. Switched just above 22100Note
Added more. Gonna stop out if we break 22300Note
Btc stopped me out. Same approach as with nasdaq now. Slowly build short position and add if we reject and break down. May go all the way to ~23300-25200. Good money managment is the key now. It will crash soon. You just need to make sure not to get rekt by the market by this timeNote
Shorting btcNote
Looks like bull trap again. Added bit more nowNote
Added 2 btc at 25200 with sl. Attempt to trade a bull trap. Instantly worked out but that's with sl at BENote
$$$Note
We're dumping hard. Around 23400 you can expect some relief. Market likes to go up to shake shorts out. Moving my stops just above the high from today session. If we gonna form a bear flag I'll add to my shorts. Gonna keep You updated here I guessNote
Opened a hedge position when we were bouncing from 23400. Protecting the profits and staying cautious cause the dump was quick and there is no clear setup for continuation. Waiting for more H4 candlesNote
Added some shorts on another exchange. Added btc x5 and eth x5. All with stops just above yesterday highsNote
Added more and increased leverage on these two 5x positions.Note
5 minutes until the time when market likes to flip directionNote
Added to the shorts one last timeNote
Market flipped exactly at the time. But not crypto market, nasdaq started to bounce back lolNote
Closed the hedge position. Protected a lot of gains. Bounced heavily like I said yesterday. Shorts may be shaken out. Now it's the moment of truthNote
Great rejectionNote
Getting married to my shorts now. Gonna sell it at the new low if possible ;)Note
13k would be the take profitDisclaimer
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.