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ProjectSyndicate
Sep 7, 2020 8:43 AM

GBTC H2: SWING: BEST LEVEL to SHORT IT 25% gains(SL/TP)(NEW)  Short

Description

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GBTC H2: SWING: BEST LEVEL to SHORT IT 25% gains(SL/TP)(NEW)
IMPORTANT NOTE: speculative setup. do your own
due dill. use STOP LOSS. don't overleverage.


🔸 Summary and potential trade setup
::: GBTC H2 chart review/outlook
::: distribution in progress
::: TOPPED OUT ALREADY
::: spells trouble for BTC obviously
::: mid range will get re-tested and then DUMP
::: upside is limited by 13.50
::: gap getting filled and then we DUMP
::: expecting more downside 20%/25%
::: shorting near 13.50USD
::: is a good strategy for BEARS
::: recommended strategy: SHORT IT 13.50
::: TP1 +20% TP2 +25% gains BEARS
::: September is a weak month for BTC
::: so don't expect any upside
::: instead focus on shorting any rips/rallies
::: and you will get paid
::: good luck traders!
🔸 Supply/Demand Zones
::: N/A
::: N/A
🔸 Other noteworthy technicals/fundies
::: TD9/Combo update: N/A
::: Sentiment mid-term: BEARS/PULLBACK
::: Sentiment outlook short-term: BULLS
Comments
Sadovoy_Trade
+++
DragonCaptain
I love this scenario. Well done!
Christuanjonkar
You are too brilliant. Support your ideas.
SKYLOBSTER
oH MAN i NEED TO START PLAYING SOME gbtc hahahaha following this idea
TheTradersAvenue
nice work dear
InkyGrip
Appreciate your work!
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