TradingView
Gold_Rush
Aug 22, 2020 7:32 PM

Down She Goes!!! (BTC) Short

Bitcoin / U.S. dollarBitstamp

Description

This is going to be a massive/fast move down. All the moon boys will panic because they have been primed for a $100 000 coin by their favorite YouTubers.

Also, I'm expecting the CME Futures gap at around $9700 - $9800 to fill.

Trade closed: target reached

Comments
CryptoAddict77
You have been primed to think BTC is still bearish like the last 3 years. In trading you should always consider both options.
Gold_Rush
@hubavka, Yes ever Since we entered a bear market my sentiment has been bearish.
CryptoAddict77
@Gold_Rush, You didn't notice that we broke the bear trend when we got over 10,500?
Gold_Rush
@hubavka, Ya I noticed but I think we're gonna fall right back down there is a lot of things to consider other than just the technicals. The emotions are just crazy right now 2 many emotional moonboys usually means a big drop is coming. Not to mention we are in a time of great economic uncertainty one leg up over a trendline doesn't mean we're going to the moon, my friend. Thanks for the comment tho good luck :)
Gold_Rush
@hubavka, I trade long too I'm just not sold on this bull market yet.
Gold_Rush
@hubavka, See man this is why you don't let emotions get involved... With all due respect.
CryptoAddict77
@Gold_Rush, Good trade! There should be good support at 9500-9800 area
More