Shorttrx
hedge for long positionsWasn't in a btc long, but was in an ethbtc long since .033 and still riding it out, and TRX provides the most bearish set up on bitmex that I could see
Popular Opinion: $TRX Short Idea303 sats - 320 sats is a major support at this display. We're looking for btc retracement after it's recent gains like 5% in after it dumped hard from $7200 to $6100 level.
I'm more bearish at this level and wanted to short. I will close position with 320 sats level and will be wait and see if it happened wether it will go up or will break down to my final low box right there.
Why it has to be so? I heard rumour about ETF delaying which can be the reason it lead to another big retracement for bitcoin, and of course will be followed by alts. We're still in bear season remember?
Trade safe.
