UnknownUnicorn27491997

Finally Bull Trend is "Over" and welcome to Bearish 2021

Kort
UnknownUnicorn27491997 Uppdaterad   
BITSTAMP:BTCUSD   Bitcoin
Monthly double top

weekly still remain bullish

And from main chart we can note that daily turned very bearish while monthly double top indicate that trend change to downside is eminent.

I have been bearish for over 3 months and I am continuing the same this whole year until I see reasonable signs of bullish trend
Kommentera:
Take opportunity to exit on this daily candle
Kommentera:
day started bearish and bears getting control over the price, here is when there can be a sharp decline in price resulting in trend change
Kommentera:
Today we witnessed a sharp decline to 60k and back to normal price and this is a good sign to proceed with the short, here are trade details:

Short 63 -63.4k
target 29.6 - 36.9k
stop 64.9 - 65.8
Trade stängt: Stopp nått:
BTC bear trend my start from here but sadly our stop so it is not any wise to continue this trade. However we can jump back to short under 59k which can lead to huge dip
Kommentera:
We got out of our short at the right time under 65k before price hitting 69k. Now price back to bearish mode and we can continue our short position
Kommentera:
I will make a detailed new post soon
Kommentera:
What I have been saying? # days delayed to end of the Month
Frånsägelse av ansvar

Informationen och publikationerna är inte avsedda att vara, och utgör inte heller finansiella, investerings-, handels- eller andra typer av råd eller rekommendationer som tillhandahålls eller stöds av TradingView. Läs mer i Användarvillkoren.