short position - will it close or not?
Now I do not understand which patterns and charts should be traded. Since I entered a short position, only because the price was at the border of this triangle. and everything, absolutely everything spoke about the reduction of this TF. but how to say - the price just "skyrocketed".
This position has not yet been closed, but with such a trade it can be closed quickly)))))
Why did I enter a short position
1) We had a descending triangle , which at 89% is always punched to the bottom (we hit just 11%)
2) we had a rising channel , which is also impulsively broken down, if there is no volume , and the price is growing
3) sales were overweight, even this growth is a complete deception
4) FOR almost 4 years of my trading, I see such a trade for the first time, because rsi - 84% on the monthly TF.
For all indicators, overbought, only BITCOIN GREEDE is 93% which indicates growth)))))
Growth without any correction to certain values (returns) Not working out the levels, the Order Book flies as if it were not there. The number of longs, uncovered gaps, Breakout of all levels without a 25-30% correction, and much more ...
I am very interested in how much the price will still rise, and what will happen next, I am very interested in the result of this growth, since this is the first time in my life)))))))
I close this deal from the same price of 23830, because I need to rest and gain strength, review the market, and evaluate what is happening in a different way!
This position has not yet been closed, but with such a trade it can be closed quickly)))))
Why did I enter a short position
1) We had a descending triangle , which at 89% is always punched to the bottom (we hit just 11%)
2) we had a rising channel , which is also impulsively broken down, if there is no volume , and the price is growing
3) sales were overweight, even this growth is a complete deception
4) FOR almost 4 years of my trading, I see such a trade for the first time, because rsi - 84% on the monthly TF.
For all indicators, overbought, only BITCOIN GREEDE is 93% which indicates growth)))))
Growth without any correction to certain values (returns) Not working out the levels, the Order Book flies as if it were not there. The number of longs, uncovered gaps, Breakout of all levels without a 25-30% correction, and much more ...
I am very interested in how much the price will still rise, and what will happen next, I am very interested in the result of this growth, since this is the first time in my life)))))))
I close this deal from the same price of 23830, because I need to rest and gain strength, review the market, and evaluate what is happening in a different way!
I close this deal from the same price of 23830, because I need to rest and gain strength, review the market, and evaluate what is happening in a different way!