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BlackBirdTrading
Feb 4, 2022 4:19 PM

BTC breaking out? NO Short

Bitcoin / TetherUSBinance

Description

People are going crazy by seeing the recent volume in BTC. But lets not forget it is connected to commodity market and just today when market opens Facebook falls from $320 to $232.

Stay safe don't go long.

Comment

This will clear out any confusion.

Comments
Nino43005
Dont close !!!! 80% is way much now to quit. So hope the liquid price wont hit! Good luck
BlackBirdTrading
@Nino43005, Yes I agree too much to quit now. Thats why we said be strict on stop loss.
jangbogo9
can i stay in my short position or i must close my position with 80% negative
GloomyBoar
@jangbogo9, Stoch. crossed down . i think it's going down soon
jangbogo9
hello bro.....can you help me for tell me about my position was long at 36800 and now its 40200....my liquid is 41900...what i do bro?
Nino43005
@jangbogo9 patience is king. !!!
jangbogo9
@Nino43005 its near my liquid 😭if i be patient then bitcoin until when is go up bro? if come down from 40 or 41k its good but if go up then im die
Nino43005
I understand but if tou now quit you wil definitley lose your 80% investment. And if you wait its a chance to save 50% and than quit. Dont panic okay?
jangbogo9
@Nino43005 bitcoin if come down then until where come ??and where i save in which price my money in bitcoin bro?
BlackBirdTrading
@jangbogo9, You took a wrong decision to short near support. If you watch my analysis there are two red blocks the 2nd one is at 44k-45k. As per order block theory they need to be tested before continuing the trend. The first one is just tested. Be patient and if you can add margin add it.
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