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Joy_Bangla
Apr 25, 2021 1:39 AM

Short #SHITPERP for $5000 Short

Shitcoin Index Perpetual FuturesFTX

Description

I am bearish on #SHITPERP for the following reasons

  • I see more red volume above average. This tells me distribution.
  • Super Algorithm Indicator has called bearish today.
  • It has excellent success rate calling bearish on SHITPERP. Below are the past times it did so

  • There is a valid TD sequential sell with targets shown from the TD
  • Ichimoku is strongly bearish.


    Price is below the tenkan and kijun. Bearish cross is likely. Chiku has very tall candles in front showing that it will be extra difficult to go up. The cloud is very near indicating a very possible case of e2e where price goes to the other end of the cloud.

Comment

It is also below EMA 50

Comment

The laws of attraction by the zones say that a broken zone need to be retrace back down to the below zone and test out. Gravity is real.

Trade closed: target reached

Today the current price of shitperp is $5009

The price did reach 5k
Comments
elinorapricot
fail
Joy_Bangla
@elinorapricot, Today the current price of shitperp is $5009

The price did reach 5k
More