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Permabaer
Oct 16, 2021 8:38 AM

BTC - 4h - Ascending Broadening Wedge Short

Description

Just another idea after days of pump

Lets see if the wedge plays out, after my last 2 failed
Comments
z3bracoRn
they failed cause you're trying to be bearish in q4. we are unlikely to see under 50k correction. who is bearish in q4? t/a does not help after all time highs are breached. maybe fib levels thats it. fomo sets in.
Permabaer
@z3bracoRn, it’s just points where I DCA, reduce and get a better short entry’s.
Im always short, in this bullrun since 43.5, but after dcas and reduces entry right now is blue line: 61585
I just release the TAs for my self
z3bracoRn
@Permabaer, i don't understand why are you staying short? bearish trends will barely play out until bear market. look at all the bearish divergence we just had up to 16h tf. nothing played out. im sure theres a correction coming but not to 40k. why not trade the long term trends.
Permabaer
@z3bracoRn, it’s part of my strategy, I’m always short with 1% * cross/100 Leverage, that way I’m fixed my BTC Worth on corrections down, and get more worth after DCAs and new entry on high points after pump. I made a long FAQ of this idea on my Telegram if you interested
Permabaer
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