alanmasters
Short

Bitcoin Aims At $9740 Followed by $9250 (Bearish Signs)

BITMEX:XBTUSD   Bitcoin / US Dollar Perpetual Inverse Swap Contract
XBTUSD ( Bitcoin ) is now looking full bearish with multiple bearish signals in the making... Let's take a look at those:

  • First we have a break of EMA10 and EMA50 as support. Prices are now trading below this level switching our potential from bullish to bearish .
  • Bearish cross between EMA10 and EMA50.
  • Bearish RSI , trending lower.
  • Bearish MACD .
  • Monday's can be bloody (red).

With also have a "rising wedge" that is breaking down.

All these signals are pointing to lower prices.

We are active with a short on 10X.

Make sure to hit LIKE if you would like to see the full trade details, we will share at 111 likes.

Namaste.
Feb 16
Comment: Previous chart | Bitcoin Aiming Lower | $10,000 Will Break | Where To Next?
Feb 17
Comment: 💎@BBLREGBOT
Trade: SHORT XBTUSD | Bitcoin

Leverage: 10X

Buy-in: $10150 - $9900

Targets:

1) $9555 |Hit (+44%)
2) $9280 |Next target.

Stop-loss: Close daily (D) candle above $10600

Liq. price: $11,020
(Buy-in calculated at $9974)

Potential profits: 122%

Capital allocation: 5%.

Date: 15-Feb. | 12:06 PM GMT-4
Feb 19
Comment: Trade: SHORT XBTUSD | Bitcoin

Leverage: 10X

Buy-in: $10150 - $9900

Targets:

Targets:

1) $9555 |Hit (+44%)
2) $9280 |Hit (+75%)
3) $9077 |Next target.
4) $8890

Stop-loss: Close daily (D) candle above $10600

Liq. price: $11,020
(Buy-in calculated at $9974)

Potential profits: 122%

Capital allocation: 5%.
Feb 26
Comment: Targets:

1) $9555 |Hit (+44%)
2) $9280 |Hit (+75%)
*) $9105 |Hit (+95%)
3) $9077 |Next target.
4) $8890
Feb 26
Comment: Trade closed.
ALL TARGETS HIT.

Targets:

1) $9555 |Hit (+44%)
2) $9280 |Hit (+75%)
3) $9077 |Hit (+99%)
4) $8890 |Hit (+122%)

ENJOY THE PROFITS.

Namaste.
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Comments

I got phat rekt on that push to 10k lmao.. this time I'm in at 9920 so I'm safer but at this point this feels rigged. Whales setting up short spots and then pumping and liquidating for shits n gigs
+2 Reply
alanmasters EquitySink
@EquitySink, The drop is on now, it is pretty clear.
Reply
EquitySink alanmasters
@alanmasters, correct haha. It's too bad I got liquidated the last two nights. Recovered a little but lost more in the long run :/ learning curves
Reply
alanmasters EquitySink
@EquitySink, Ouch, that hurts... but surely more opportunities will come.

Thanks a lot for your continued support.

Namaste.
Reply
Wojak EquitySink
@EquitySink, Stop trading with money you dont have, and yo6ull never get liquidated...Margin trading in crypto is a fools game...Do you really think these unregulated exchanges play by the rules?
Reply