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UnknownUnicorn27491997
Nov 2, 2021 8:56 AM

Finally Bull Trend is "Over" and welcome to Bearish 2021 Short

BITSTAMP:BTCUSD1D
Bitcoin / U.S. dollarBitstamp

Description

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Monthly double top


weekly still remain bullish

And from main chart we can note that daily turned very bearish while monthly double top indicate that trend change to downside is eminent.

I have been bearish for over 3 months and I am continuing the same this whole year until I see reasonable signs of bullish trend

Comment

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Take opportunity to exit on this daily candle

Comment

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day started bearish and bears getting control over the price, here is when there can be a sharp decline in price resulting in trend change

Comment

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Today we witnessed a sharp decline to 60k and back to normal price and this is a good sign to proceed with the short, here are trade details:

Short 63 -63.4k
target 29.6 - 36.9k
stop 64.9 - 65.8

Trade closed: stop reached

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BTC bear trend my start from here but sadly our stop so it is not any wise to continue this trade. However we can jump back to short under 59k which can lead to huge dip

Comment

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We got out of our short at the right time under 65k before price hitting 69k. Now price back to bearish mode and we can continue our short position

Comment

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I will make a detailed new post soon

Comment

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What I have been saying? # days delayed to end of the Month
Harmonic PatternsTechnical IndicatorsTrend AnalysisBitcoin (Cryptocurrency)BTCBTCUSDBTCUSDTbtcusdshortbtcusdlongCryptocurrency
Comments
agouzzal22
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Every single of your shorts are genuinely BAD
UnknownUnicorn27491997
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@agouzzal22, Yes and No. Every trade is new though
astepaul
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Bearish from 30k to 60K... ok .
What are you smoking, i want the same please.
UnknownUnicorn27491997
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@astepaul, I don't smoke. Come back here soon when you see price dumping from tomorrow or today
aman02017
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@TradingBudha, what is dumping. 30k to 67k is dumping.
UnknownUnicorn27491997
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@aman02017, Nope 67k to 63k soon 30ks
astepaul
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@TradingBudha, yeah please stop that. i saw all your other post and none where true.
also sure its gonna drop. nothing goes up forever.
it may drop to 57k then up again.
you are delusional if you see 30k now.
UnknownUnicorn27491997
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@astepaul, all my charts were very accurate and see the stop and targets I mentioned from first post, I don't have to prove you anything but just wait and see until end of November
astepaul
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@TradingBudha, yoy were wrong all the time bro. you were a 30k btc believer and we didnt dip under 40k.
we are going to 75k. btc just broke the bull flag.
UnknownUnicorn27491997
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@astepaul, Lets end this by respecting your 75k belief. I believe in 30ks from here. But does it really matter to a trader? As long as one have a plan and proper risk management direction doesn't matter. Check my last comment:
Short 63 -63.4k
target 29.6 - 36.9k
stop 64.9 - 65.8

So my stop will trigger at wrong direction so why do you even worry if I am wrong? If it is a fight for ego then I believe in 30s with some decent dip in next 14 hours
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