Hey everyone, Bitcoin has once again proved why the ETF will not be approved. It is manipulated as !@#$. Right now, I recommend you to start entering your short positions. I managed to get short at 7k with an average of 6820 so far. When the ETF gets denied tomorrow we will be sitting in a good spot.
My recommendation:
Go short from 6.7k all the way to 7.1k. This is a very big trade with a take profit below 6k. We will now be continuing our downtrend. This move was not natural, it was done by the market manipulators who are the real winners. I fully expect a big dump tomorrow when the ETF gets denied.
Take profit:
5.4k
Stop Loss:
Hold off for now, too volatile. You will likely get stopped out.
My recommendation:
Go short from 6.7k all the way to 7.1k. This is a very big trade with a take profit below 6k. We will now be continuing our downtrend. This move was not natural, it was done by the market manipulators who are the real winners. I fully expect a big dump tomorrow when the ETF gets denied.
Take profit:
5.4k
Stop Loss:
Hold off for now, too volatile. You will likely get stopped out.
Note
People are saying this could go to 7.5k. I'm going to take profit right now at 6630 and see where we are headed.Note
Expecting this
Trade closed: target reached
I closed my short from 6.8k. Going to re-enter for highest possible price I can get.Note
If you are looking to go long, here is a possible zone.
Trade active
Closed my short at 6.4k, re-entered at 6.4k after witnessing hidden buy wall on bitfinexTrade active
I am now long 6.4k with stop at 6380. I think a stop is safe now as most the crazy movement has passed.Note
My long got stopped out, longed again 6322Note
Don't be fooled by exit pump, we are heading lower.
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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.
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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.