BitcoinShort
$BTC analysis (1h time frame)
So this is a zoom on our B waves
Who can be break down in 5 waves
We are currently in the 5th wave who will ending the B wave
So this is suppose to be the last uptrend wave
I’m now looking to short from the top
So i’m placing short order at the key level of where B could end and take profit when it’s going down to the next level and repeat to keep averaging up my short
Example :
shorting from 6450, take profit at 6275 (happen twice)
shorting from 6600, take profit at 6451 (in progress)
and repeat
This little profit (2-4%) are adding up nicely with leverage
If I have to close my short because i’m seeing a trend reversal, i’ll probably be break even (with all the previous little profit)
If it suddenly dump, let go baby!!!
Who can be break down in 5 waves
We are currently in the 5th wave who will ending the B wave
So this is suppose to be the last uptrend wave
I’m now looking to short from the top
So i’m placing short order at the key level of where B could end and take profit when it’s going down to the next level and repeat to keep averaging up my short
Example :
shorting from 6450, take profit at 6275 (happen twice)
shorting from 6600, take profit at 6451 (in progress)
and repeat
This little profit (2-4%) are adding up nicely with leverage
If I have to close my short because i’m seeing a trend reversal, i’ll probably be break even (with all the previous little profit)
If it suddenly dump, let go baby!!!
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The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.