BTC SHORT 25X MARGIN CALL Short

Bitcoin / DollarBitfinex

Description

⋅ Jul 9, 2018 8:14 PM

SHORT TERM QUICK PROFIT CALL / BIG POTENTIAL IF BREAK DOWN.

Enter 25x short on bitmex above 6.7k put sl at 6730
No clear profit target, first target 6650
Big targets highlighted on chart!

Comment

⋅ Jul 9, 2018 10:02 PM

6730 SL HIT - watch it closely now if that was a real pump or just low volume chop.

Comment

⋅ Jul 9, 2018 10:21 PM

BTC tried to breakout above 6850 and failed hard once again. Bearish until 6850 breaks.

Comment

⋅ Jul 9, 2018 11:30 PM

First target hit! 6650 succes. Put sl in PROFIT OR TAKE PROFIT now.

Comment

⋅ Jul 10, 2018 11:59 AM

Seems to have worked perfectly, ENJOY PROFITS! Now move down sl in even more profit and you decide when to take profit. Already 2X YOUR TRADE at this point :)
/Nirland

Comments

Mougdaintoud

⋅ Jul 10, 2018 12:05 PM

nice play :)

Would love to see it again(the other way around), when we are at the next possible "bottom"

Nirland

⋅ Jul 10, 2018 12:11 PM

@Mougdaintoud, Thank you :) I gotta admit I am not as good at finding bottoms yet but gonna try my best!

Currently I think that if 6.2k holds we can go up for another try to breakout again, time will tell.

Mougdaintoud

⋅ Jul 10, 2018 1:31 PM

@Nirland, 6.2 is a nice barrier ....also i think both sides always call them lows too low and highs too high

i like your way -- not too much information, just simple explained a good tactic!!!

Nirland

⋅ Jul 17, 2018 6:34 PM

@Mougdaintoud, Holy shit! well always take profit haha. 6.2k was amazing long entry did not post it tho.