BitcoinShort
Current trend: How the market screams down with bullish div.
This is the reason why flats should be your best friend. It's been the go-to move every time for market makers so far this year yet it still consistently wrecks traders who think we are headed up. The market gets pulled down to get everyone thinking short, then shoots up to stop out short traders that were late to the play to trap them into playing long, only for the market to dump immediately afterwards. After recognizing whats so obviously going to happen, this market is unbelievably easy to be profitable in. Yes we currently have bullish divergence but I am confidently bearish and holding strong onto my short position. We are headed down folks but don't throw yourself into a position too late. We may get a stop hunt to the upside, but we aren't headed up.
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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.