BTC short-term retracement, my best setup so far far
I am placing a sweet short at $6450 for the highest probability trade setup I have ever had in BTC so far.
I was long until now. We are the "biggest resistance" BTC has had in its entire history, so I like to play my odds even if this doesn't want to stop until 9k - 10k.
I was long until now. We are the "biggest resistance" BTC has had in its entire history, so I like to play my odds even if this doesn't want to stop until 9k - 10k.
Trade closed manually:
I closed my trade at 6.8k after seeing that this one is not gonna stop :)
Couldn't care less as the long spot position is doing brilliantly fine, so this hedge short didn't do any damage, although the odds were in favor of it being a winner at the historical resistance.
This confirms the saying that "its better to trade with the trend" no matter the setups :))
Couldn't care less as the long spot position is doing brilliantly fine, so this hedge short didn't do any damage, although the odds were in favor of it being a winner at the historical resistance.
This confirms the saying that "its better to trade with the trend" no matter the setups :))