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UnknownUnicorn13204076
Jan 11, 2021 5:14 AM

Continued decline - working on past trading ideas BTC/USDT Short

Bitcoin / TetherUSBinance

Description

Hello dear friends - I have nothing to add. We trade short and just take profit.

As I wrote to you in my previous trading idea - I'm waiting for an update: At first:
According to my observations, the way the market is being conducted now is the first sign of a market reversal.

And the price will be updated to levels such as 36500 - 34800 -32,000 - 27000.
I'm not saying that it will be right away, that it will be for one candle on a 5-minute TF - No, I only write what the market gives. It is at this stage - for me now this scenario is more priority than updating 48000-50000.
Our last entry into the short position yesterday paid off.



I open a new #short position from 39050
Targets: 37890 - 36270 - 35580 - 33300

Stop loss 40550

I know, this is very risky, because price returned for this level, but I again open short position, because I'm wait 28500/Btc
"I open a short position because the price return took place exactly to the level to which the price comes during the correction, namely to half of the big fall. The summarized target of which will be in the region - 32000-34000 per bitcoin, therefore, the last target will be at around 33 600. "


Watch the levels carefully!
Comments
UnknownUnicorn13204076
again, the price is returned back by forming a candle shooting star at 2h TF
UnknownUnicorn13204076
I open a new position for #short
Sell now from price 35750

#short

1st position
Sell (short): 35750
Targets: 34500-33300-32200-31600
Stop loss: 38000

For 2nd position
Sell (Short): 35750
Targets: 34300 - 32150 - 31370 - 28800
Stop loss: 38000
UnknownUnicorn13204076
@Opptrade, why I'm selling??? why am I selling again ??? because on all sites, forums and platforms SCREAMING - BUY, PRICE REVERSE. I don't think so and I'm waiting for the fall further
UnknownUnicorn13204076
@Opptrade, I'm wait - 28800
UnknownUnicorn13204076
@Opptrade, I close this short and open a long position from 35600.Because from below, there is strong support for the level, plbs are going to close the previous candle to 37500
UnknownUnicorn13204076
@Opptrade, this position to closed without no loses and no one TakeProfit not taken
UnknownUnicorn13204076
dear friends, be prepared for a price reversal. according to my observations and expectations, this should come from the level of 31300-31700. Let's see...
UnknownUnicorn13204076
I open a new position #short
Sell (Short): 34000
Targets: 33300 - 31860 - 30295 - 28480
Stop loss: 35500
UnknownUnicorn13204076
@Opptrade, this position to closed without no losses and 1st target taken
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