STRONG SHORT 🔴 Lenin Would Be Proud Of This Short

STRONG SHORT 🔴 Lenin Would Be Proud Of This Short

We were one of the first traders who called short (26 July) when BTC spiked above $40k, and everyone else was calling ATH, moon, and bull run.
You asked me if the idea ("All-in BTC Short 🔻 TP: $31 700, x10") was still valid: Yes, it's still correct.
So, this is a clean remake of the same idea to reinforce our position.

🔴 KEY POINTS:
- RSI is strongly overbought
- Momentum hit RSI Resistance
- Price Action hit Historic Resistance
- Machine Learning (Artificial Intelligence, Linear Regression ) says upcoming Resistance
- Bitmex Funding Rates favor short positions
- Bitmex Troll Box is overbought (90% long)
- Bitfinex whales started to short
- Okex Top Traders have more shorts than longs
- Chart Pattern: This Technical Indicator Variation worked 100% in the past

We've got BTC short. All-in.

Handel aktiv:

Bitcoin Price Action hit resistance with volume and activated our trade:
Side: Short
Pair: BTC/USDT
Target Price: $31 700
Stop Loss: $50 000
Entry Price: $40 000 - $45 000
Leverage: x10

Kommentera:

As we predicted, the Price Action attempted to break up, but there wasn't enough Momentum to stay above the Resistance Line.
We've seen a Volume Rejection, and Bitcoin continues its way downwards.

Kommentera:

Congratulations on your profitable position if you follow this Idea! 💸
Trail your ROI wisely.

Kommentera:

😊 Join our community:

Discord: discord.gg/TnJc2SNeBM

Telegram: t.me/oxybits

Website: taken.to/oxy

Kommentera:

Don't be a noob.
We closed this position a long time ago.
In profit. (Trail Profit)