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M_Shariq
Feb 5, 2022 3:58 PM

Lets Short Bitcoin ! Short

Bitcoin / United States DollarCoinbase

Description

My Trade Plan is to Short BTC

Note: Do your own research before taking the trade.

Sell: 41800-41900
SL: 43200
1st Target: 38300
2nd Target: 36300

Reason: Strong rejection from Resistance and Bearish Trend active
Indictors: RSI & EMAs
Comments
Totalfreedom1
whoever shorts Bitcoin deserves to get rekt as a matter of principle
M_Shariq
@Totalfreedom1 you could’ve taken my analysis as a safe call as well.
Totalfreedom1
@M_Shariq, anyway i'm a Bitcoin hodler. i don't long nor short
M_Shariq
@Totalfreedom1 good, long term investors always win
Totalfreedom1
@M_Shariq, yes it's true. that's why it is always risky to daytrade Bitcoin unless the capital in play is really high and people really know what they are doing but it s till risky because of big swing daily movements and liquidations. shorting it can bring profits short term at times but always rekts you sooner or later with Bitcoin
M_Shariq
@Totalfreedom1, I am a trend trader, You'll see my Long calls on Bitcoin as well but right now thats not the case
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