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UnknownUnicorn13204076
Jan 2, 2021 7:18 PM

9 trading day: Profit - 18196 pips. Loss - 2140pips BTC/USDT Short

BINANCE:BTCUSDT240
Bitcoin / TetherUSBinance

Description

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Hello dear friends again.
The previous position was closed at a small loss of 200 points, as well as upon reaching the first target - 660 points.

The entire long was reached and all targets were closed (3416 points)
I open another short.

I know that the market is going up, they don’t want to drop the price lower and go for a correction, but any instrument needs to take profit.


I open a short position again from 33050

Target: 32290 - 31700 - 30950 - 30210
Stop loss yf 33350


I sell, because further correction is expected by at least 10%


Plus, we have too much growth without corrections.


I will not explain much, since the price has so far stopped at around 33,000.

Comment

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I work according to the same scenario

The previous position was closed with a small loss of 200 points and with the first target - 660 points.
Trend AnalysisHarmonic PatternsTechnical IndicatorsBTCBTCUSDTpositionshortanalysistrendwawesTechnical Analysislevel
Comments
UnknownUnicorn13204076
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I can't create ideas anymore because it costs the posting limit.

For those who read my comments - I open a new short position from 31920 - with the following goals:

31,100 - 30,600 - 30,300 - 30,000

Stop loss short 32400
UnknownUnicorn13204076
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90 bucks did not reach the last target)))) I forgot that we had a position above the level of 33000.

so far, the position is open from 33050.
Stop loss at breakeven.

Achieved 3 target - total profit - 2100 points / $ in our wallet
UnknownUnicorn13204076
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The second target has been TAKEN... Sniper hit)))) I like to look at positions when they bring such profit
UnknownUnicorn13204076
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1st target done 710 points in our wallet ✅ congratulations.

Stop loss without no losses
UnknownUnicorn13204076
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get ready for a huge price drop
UnknownUnicorn13204076
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- we did not reach the 1st target ($ 10)
UnknownUnicorn13204076
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Now - there are a lot of confirmations for the correction ... but the price is being pulled up.

If this position is closed at a loss.

I'll take a little rest to understand where they want to send the price of bitcoin in the future.

But in my opinion - somewhere close, if not now - there should be a big correction ...
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