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AlphaMex
Aug 21, 2019 1:53 PM

Shorted BTC, target 7k Short

Bitcoin / US Dollar Perpetual Inverse Swap ContractBitMEX

Description

this is a very aggressive plan.

But the Mexshark already confirmed the down trend.

So I ignored the support zone,

I am not saying we will cross it 100%, but I choose to assume that we will break the support in the next 2-4 days, then a mega dump to 8k first, then slowly chop down to 7k and start the new bull trend.

Comment

ok, support hold, close my short, no more aggressive trades! :joy:
Comments
ICEKI
I proud of your discipline AlphaMex!
Looking forward to seeing more of your winning setup in future; happy trading =D
AlphaMex
@ICEKI, thank you sir, I will work harder on this, and try to contribute higher quality analysis to the community. :D
ICEKI
@AlphaMex, I am grateful from the bottle of my heart; thank you so much AlphaMex =D
UnknownUnicorn3751972
If the current support level can not hold market pressure, I am of the same view :


Let's see how it goes.
AlphaMex
@sabinpro, indeed, a critical moment now
ICEKI
Understood, I think better plan is following the trend
AlphaMex
@ICEKI, yes sir, let's wait and see if this works or not, I did this purely based on the history performance how mexshark predict the 6k dump, 3k bottom... maybe I just made a huge mistake, but we will see.
ICEKI
@AlphaMex, Appreciated your efforts AlphaMex; don't worry about the mistake if that really happened. As you mentioned you already did the performance testing so just sit back and relax if the trend against your estimation just stopped the SHORT position and noted for future reference. Happy Trading AlphaMex =D
AlphaMex
@ICEKI, yes sir, happy trading!
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