Power of Three - FOMO is Fuel for the Bears
Hey there!
Related to my previous ideas, here is my trading idea for the upcoming weeks.
My bias didn't change after the last pump. It was nice to see that bulls are still alive, but IMO this pump was also in my calculations because of the huge shorting volume from this 21k area. The market took them out, and now it is following its trend.
Markets are bearish, just follow the trend.
Best regards !
(The time intervals are drawn randomly. This chart is only to demonstrate how it should look.)
Related to my previous ideas, here is my trading idea for the upcoming weeks.
My bias didn't change after the last pump. It was nice to see that bulls are still alive, but IMO this pump was also in my calculations because of the huge shorting volume from this 21k area. The market took them out, and now it is following its trend.
Markets are bearish, just follow the trend.
Best regards !
(The time intervals are drawn randomly. This chart is only to demonstrate how it should look.)
Trade active:
my spot sell is active
23091 (on bybit)
good luck
23091 (on bybit)
good luck
Comment:
reentered at 25000
SL is at 25500
Target is at least 19800
Update my post:
We were in the manipulation phase and 25300 was high probably the top
now we should enter the distribution phase
big week ahead
If we break above 25400 and staying above, I will switch full bull
GL stay safe
SL is at 25500
Target is at least 19800
Update my post:
We were in the manipulation phase and 25300 was high probably the top
now we should enter the distribution phase
big week ahead
If we break above 25400 and staying above, I will switch full bull
GL stay safe
Comment:
Perfect entry on top of market.
I closed half of the position and set SL in profits.
I closed half of the position and set SL in profits.
This short is just the beginning. Distribution phase is about to start soon.
Entry 23091
TP 13000
SL 24500