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UnknownUnicorn13204076
Jan 9, 2021 1:05 PM

False breakout, triangle, price correction? - Yes. BTC/USDT Short

Bitcoin / TetherUSBinance

Description

Hello dear friends.

I want to inform you right away that this position is very dangerous, and if you do not follow your trading rules, strategies - money management and risk management - it can lead you to the loss of the entire deposit (since no one knows 100% where the bitcoin price will go)

Firstly, I want to congratulate you again on your big profit (we personally have more than 3000 points)

You know that I do not like to wang, but this time, I want to test my super abilities, and I want to write you such a trading idea, in which I have already begun to consider a large correction and a market reversal.
Yes, there are many factors that tell us about continued growth, that the price of bitcoin should reach at least 45-47-48-50 thousand per bitcoin.

But now I'm only looking at the short, the big short, because I see a market reversal for myself. I will not explain each point, since there is no point in explaining each point. I just decided to inform you that at this time (we are in a long position) - but I plan to close it and open a short position from such a level as 41000-415000. I expect a false breakout of the triangle as well as a price return to 30700 and below. Maybe I am confused, maybe I am wrong, but this is how I see this market now. Everyone chooses what targets, what marks, but I open a position against the trend.
Comments
Mastertrading2020
THANK YOU! I opened a short yesterday, I went to bed (just in case i put an open buy order and it was taken that was + 700 pips). I have opened another short just now. Thank you for your analysis, it really helps.
UnknownUnicorn13204076
@Mastertrading2020, Hello my dear friend.

I am very glad that you are earning with me.

I am pleased to know that I help others - to earn.

I hope I don’t disappoint you with this. Thank you for following me
Mastertrading2020
@Opptrade,

I like your analysis. There are very accurate. Thanks for posting
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