BITCOIN, the BIG SHORT Short

Bitcoin / TetherUSBinance

Description

⋅ Jan 20, 2023 8:44 AM

It looks like we are forming a Head and Shoulders pattern, also we have below that significant Vector candles where lots of Orders are trapped.

I expect BTC to go LOW, given the current economic situations i even think of sub 15k prices.

My entry for a Short is at the red Line, take profits along the green Vector Zones.

Do not overleverage and do not be greedy, pay yourselves :)

Order cancelled

⋅ Jan 20, 2023 9:44 PM

Structure got clearly broken, seems like Price is moving towards the 25k Region.

Try not to trade the weekends and stay tuned for updates and new potential entry's.

Cheers :)

Comments

Djensboy

⋅ Jan 20, 2023 10:15 AM

Could be that the head and shoulder is in there. Also thought I might see it. Safe trade. I am also short! Good luck! Give me post also a look and like 👍🏻

EdNoys

⋅ Jan 21, 2023 10:26 AM

....and liquidated lol

Namwarone

⋅ Jan 21, 2023 10:49 AM

@EdNoys, When you read correctly, "enter at the red line" for short, the key is to prepare for a scenario, not to jump right into a thought and put money down the drain ;)

EdNoys

⋅ Jan 21, 2023 10:53 AM

@EMPERA-Trade, Oh don't worry, I don't follow your trades

Namwarone

⋅ Jan 21, 2023 3:12 PM

@EdNoys, all good :)