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Nicotavee
Jul 21, 2022 8:16 PM

BTC SHORT TRADE - 25K Short

BTCUSDT SPOTBybit

Description

Took some time away from the charts. I've almost saved my underwater long, i'm scaling out from the position. I'll open a leverage short at 25k, many confluences there. I personally think that it needs time to create a macro bottom, 16K and 11.5k is where i have my bids.
If the 25k short goes wrong i'll start to use trend-following strategies to not get totally cutted off the run.
Comments
siamak2030
Fabulous TA Great , but i think we will rejected before 25k ? what`s your thoughts ?
Nicotavee
@siamak2030, I've already started to scale out from my long position, at the moment my main target is to kill losses. I really hope my short gets filled but i'm more focused on the long term trend. If we reject before, i'll care just about my orders at 16k. If you really don't want to miss the short start to scale in now, but keep in mind we can go higher.
PensieriParole
carefull, dump is 100x fasten than a pump,make profit while you can
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