BTC 100X SHORT SCALP IDEA
Good Afternoon Traders,
Reporting from Konoha Village.
I am currently in an open short position at 19867 (Green). Entered it because of 1 hour hold lv, which have high probability of holding the move up. After a great pump from bellow the daily trend, this hold lv proven to be very strong. Furthermore it got backed up by the massive overbought volume as RSI Indicates over 70, it was 80 on 15 min timeframes which justify my shorts.
My first target got hit 19759, took out some 50% profit. still to keep my other half running the short.
I believe this move will go to target 2 of15 min hold lv, while having the daily trend to support the move. (cyan)
And possibly to go to an origin lv back down 19561 (red stripes)
After it goes down to those lv, btc might have a decent foundation to move up bouncing its daily trendline. OR move down as it testing the daily backside trend.
however, the short destination will be to 19561.
Ill keep you updated on my trade.
BTCUSDT.P
BTCUSDT.P
This is an article, not financial advice, always do your own research.
If you have any questions, you can write it in comments below, and I will answer them.
And please don't forget to support this idea with your like and comment, thank you.
Goodluck Traders!
Reporting from Konoha Village.
I am currently in an open short position at 19867 (Green). Entered it because of 1 hour hold lv, which have high probability of holding the move up. After a great pump from bellow the daily trend, this hold lv proven to be very strong. Furthermore it got backed up by the massive overbought volume as RSI Indicates over 70, it was 80 on 15 min timeframes which justify my shorts.
My first target got hit 19759, took out some 50% profit. still to keep my other half running the short.
I believe this move will go to target 2 of15 min hold lv, while having the daily trend to support the move. (cyan)
And possibly to go to an origin lv back down 19561 (red stripes)
After it goes down to those lv, btc might have a decent foundation to move up bouncing its daily trendline. OR move down as it testing the daily backside trend.
however, the short destination will be to 19561.
Ill keep you updated on my trade.
BTCUSDT.P
BTCUSDT.P
This is an article, not financial advice, always do your own research.
If you have any questions, you can write it in comments below, and I will answer them.
And please don't forget to support this idea with your like and comment, thank you.
Goodluck Traders!
Trade active:
Target 2 Achieved, holding on 15 min hold lv + Daily Trendline
Trade closed manually:
Closed half of my trade manually with 51% of profit, as the target lv bounce supported by the trendline. The 3rd target might not be touched as it is below the daily trend lv.