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ITreeMan
Feb 12, 2021 10:32 AM

Short EOSUSDT in shot term. Short

EOS / TetherUSBinance

Description

EOSUSDTBINANCE:EOSUSDT has bearish divergence. It's a good idea to short.

Target 1: 4.1527
Target 2: 4.0295
Target 3: 3.633

Stop Loss when breakout high or sideway around 23.6% of Fibonacci

Use leverage as far as you can lose.
This is not advice. It just my strategy.
Please carefully before investing
Good luck.

Order cancelled

I seem to be the wrong way. Close a Short position (-4%). 😭
Comments
Abo_Hanafy
I guess this is not a strong divergence, and shorting in a bull market is extremely dangerous, it's not worth the risk as targets to the upside these days are way higher.
BITWparham
@Abo_Hanafy, agree with u
ITreeMan
@Abo_Hanafy, Thank you very much. I bet because the risk-reward is worth it and I think it's down in a short term. If sideway or breaking out high. I will close the order and follow Buy.
In addition, I think it is a bull market from this analysis
. I just think in the short term it will rebound a little. But I seem to be the wrong way 😂.
Abo_Hanafy
@ITreeMan, Nice strategy, Good luck ^_^
farahaniqc
@Abo_Hanafy, it means you are waiting a big fall for all of crypto. don't you?
Abo_Hanafy
@farahaniqc,Nope, I'm already well positioned, thanks ^_^
kareemattia
It is a bull market , you are standing infront of the train !
ITreeMan
@kareemattia, Yes. I think so. If sideway or breaking out high. I will close the order and follow Buy. I just think in the short term it will rebound a little. But I seem to be the wrong way 😂.
mcdanuld
Go to test 5 $
ITreeMan
@mcdanuld, yeah I think so
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