btc short idea

this is a high risk idea in this wild environment. But its a planned trade and I'll stick to the plan.

A long term trade but I'll take as a swap contract because the future premiums are unmanagable atm.

I've placed my asks on red box.

Stop is daily close.

the first green box is the first trouble area, expect a minor swing there.

The only area I'm in doubt is marked with question mark, we'll see.

And the last green box is the target.

This is not an investment advice, beware that markets are wildly volatile, so please manage your risk accordingly!

Comment:

next possible stop :

Comment:

I'll possibly close this position in the next 2-3 days. I expect a local dip, and I think we'll have another test to the entry red box. not locking profits for a long term position with a swap contract just doesnt make sense. And my next trade will on 0625 futures possibly. However I won't publish another idea, I'll use this one for the updates.

Comment:

Comment:

here we're again =) So what I expect is a bullish upside until the extremes of the red box. I placed my asks inside the red box and will hold this position until daily close above 38050 :

Comment:

I close my entire position here. still bullish ltf might cause a real damage rather than 1R. will be monitoring and re enter LTF break & retest :

Comment:

38050 is the key. for every 1hr close above, is a potential upside, and if we break ltf support shown below, I'll retrigger this trade on retest of that level. The final decision will be todays close if its above/below 38050 :

Comment:

here's the new plan. I'll consider to jump in on the red box near 38050 again to continue the original idea:

Comment:

please make your own decision. This is between me and Elon now =)

Comment:

trade closed ...