papermoneyman

BTC Short Idea 8/22/2019

Short
BYBIT:BTCUSD   None
Forming a channel here with a trend line that is currently rejecting, I'm thinking we break the trend and go to the upper limit of the channel stopping some shorts out and getting some longs to FOMO before we pull back to the bottom part of the channel. Risk is at above previous resistance so a chance they will run it up more to stop out more shorts so this is a small position.

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