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Solokov
Feb 1, 2020 10:40 PM

BTC SHORT NOW (HFT, Getting ready for LONG) 

Bitcoin / United States DollarCoinbase

Description

Short now, long entry 8.8 - 8.9. Anticipating a violent dump to build up momentum for a parabolic pump

Trade closed manually

Not too confident that an entry at 8.9 is possible (see the parabolic move on the left of the chart above), getting out with a small scalp. Don't care if I miss out of profits through shorting because an ideal entry would still be worth it going long later.

Trade active

been riding this bad boi for a bit

Trade closed: target reached

out at 9.145
Comments
Raqix
Its just a bear trap
Solokov
@Raqix, agreed, this is a scalp play with a tight stop.
Solokov
@Raqix, may our famous last words stand as a symbol of pride for those that come after us. Jk, cute lil dump right here tho. My short is payin off, should probs close it v soon.
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