Edward_Bowler

A simple short on euphoria

Short
Edward_Bowler Updated   
GEMINI:BTCUSD   Bitcoin
Even with good knowledge of the hype, people still watching, I see liquidity dry up on the spot price. If you want to rekt anyone you need gamblers.

Old news about billionaires get back on Telegram Channel.
Twitter get hyped by funding rate the 0.035% (deribit) and 0.09% (bitmex) wich mean most of the time inverse correlation with the price action.
Pictures, bulltard chart get on the mic.

Just take your profit.

This red line is a resistance, the green line is a support.

The -0.236 is over extended leg.
The 0.236 is the pullback expected that will create tears and stop loss for many of you.

Free trade, low risk profile put you stop at 12500.
Comment:
So now you have a choice, you didn't pay attention to the title and you deleverage now and close this position. Or you keep it open until you touch the line. Simple has that just follow the plan.
Trade closed: target reached
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