BETTER IDEA FOR A NEW SHORT POSITION...Hey guys i re figured my previous short trade by closing it and taking on a new short trade by doubling down with the 25X leverage , my new short 11290.00 just below the 50 MA (moving avarage) so once bitcoin breaks that critical resistance line and it closes a 4H red candle below it will start the bearish trend, im using high leverage only because im setting a very tight stop just above the previous resistance line the 20 MA , and liquidation will be over the top BB bolinger
BB band at 11699.00 so even if i decided to not use my stop i feel the bulls do not have the power to push above that resistance top BB , im going to take profit TP- 10850.00
just before another major resistance line the 200 MA, so guys we are using the top 3 moving averages to execute this trade to our advantage, i think this is the best short i have seen and i believe it will execute perfectly, check out my chart and see how everything is lined up and color coated as that my style of charting, some think my charts are busy but for me they are perfect, also you will see right now all 3 bearish divergences are all crossed into red and lined up to start this bearish trend, we will just wait paciently for the 4H hour red candle close just under the 50 MA , just put in your triggers-trade now and just sit back and wait to execute and start playing out perfectly
BB band at 11699.00 so even if i decided to not use my stop i feel the bulls do not have the power to push above that resistance top BB , im going to take profit TP- 10850.00
just before another major resistance line the 200 MA, so guys we are using the top 3 moving averages to execute this trade to our advantage, i think this is the best short i have seen and i believe it will execute perfectly, check out my chart and see how everything is lined up and color coated as that my style of charting, some think my charts are busy but for me they are perfect, also you will see right now all 3 bearish divergences are all crossed into red and lined up to start this bearish trend, we will just wait paciently for the 4H hour red candle close just under the 50 MA , just put in your triggers-trade now and just sit back and wait to execute and start playing out perfectly