decentralizedcentre

small short opportunity

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decentralizedcentre Uppdaterad   
BITFINEX:BTCUSD   Bitcoin
1h till 4h shows bearish divs and the trend is still bullish but im expecting a small dip around here before we break 10k. multiple bear divs + rising wedge - a bit of a contra trade and maybe risky but with a tight stop it could be worth it
Kommentera:
I'm also expecting a slow alt recovery within 12h so buy alts or hold them if you're still in
Kommentera:
Possibly looking at a retest of the support as resistance before a breakdown
Kommentera:
looks good :) everything should be on the chart
Kommentera:
it went exactly as planned but I moved my stop to breakeven once I was in profit which was a huge mistake - got stopped at 9870 but as you can see it retested the support of the wedge as resistance and then violently dropped - I was expecting something like this but it happened slower than I expected
Kommentera:
i.imgur.com/V3edUWf.png lol I got lucky as fuck I only used 1 contract for my stop somehow

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