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AhMohHe
Oct 4, 2023 9:46 AM

BTCDOM | What goes up, must go down Short

BTCDOM / TetherUS PERPETUAL CONTRACTBinance

Description

From a purely technical standpoint
The chart before us has several distinct signs of bearish activities.
  1. RSI Bearish Divergence
  2. Rising Wedge (It's not broken yet but it's a matter of time)
  3. Triple Top pattern (Not fully confirmed, but it's also a matter of time)


A Short trade should work fine here
Stop loss : 2060
Take profit 1 : 1759.3
Take profit 2 : 1515.2

Trade closed manually

This was a bad idea
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