Short

Doge Swing Fail Can be devastating

Updated

Already in a swing low leverage short from the top around 0.08900.
Now adding leveraged position to this if this failed to goes above i think this can crash.
Having an entry from the top is letting me add margin without too much risk.

Added margin above 0.08650.
Closing whole position 0.08830 flat stop.

Note: Not a Financial Advice

Trade active

Note

Added final position to short 0.08720.
Important level here.
Made it pretty risky.
Needs to be retraced.
M15

Trade closed: stop reached

Stopped out in some loss.

Trade active

Rentered with a tight stops again after the h4 close.
I should've waited for h4 to close before closing the position.
I think more down is coming on this one

Note

Added some more at 0.08690.
Tight and Flat stops at 8770 because don't trust this Shitcoin it can blow 10-20% in a minute.
I am not a bear person but shorting this cuz it's all about analysis.

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I think if this trendline breaks it's over.
I believe this is going to break sooner.

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Nice volume after breaking down.
Moving the stoploss to entry point.

M15 update.
Expecting any bounces will be retraced quickly if right on idea.
If right on idea the dump will be faster.

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Woke up to Alarm to check on the close.
H4 and daily needs to close below 8600.

H3 looks bearish.

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M30Update.
Looks like a Diamond pattern in play.
Breaking down more and i am seeing -7% towards 7700 at least if this works out.

Also there is a possibility of tapping the trendline above around 8600.
My Stops are currently at entry point.
But for more Bearish scenario it should not tap the trendline and continuation from here will be good. If the idea works.

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Leverage shorted on bybit 8290 flat stops at 8330.
Wanting to milk it If the breakdown happens.

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Going good.
Minimizing the risk completely on leveraged short.
Moving the stoploss to entry point.

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They're about to take my bybit's position. 😪

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As expected

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Update to the main trade.

Intact and going good.
Invalidation above the trendline.

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Update.
Must hold here or things are going to be very very dumpy.
If breaks expecting something crazy from here.

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Looks like it might continue from here.
after the recent dump first m30 close below the rising wedge formed.

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If doesn't breakdown from here the perfect manipulated scenario could be like this.
M30

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Previous update scenario happening?

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Testing the trendline.
Added more margin.
I'll be out completely at 0.8150.

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Added more margin here to the main trade average entry is now 0.8463.
Possible exit pump here.
I won't hold it above 0.8150

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Going pretty good rejected from .08 area.
Moving the stoploss to 0.0850.
Should not pump above there 0.08 if want to continue downtrend.

Trade closed manually

Closing it right here possibly it can deviate from above I'll be ready to enter again.

Note

Looks like it coming.

Trade active

Adding to Shorts 0.08200 and above.
Possible high here expecting a nuke sooner.

Note

added more to shorts 0.08250.

Trade closed manually

Closing the trade in some profit will look again.
Currently looks like it will go up if the daily closes like this

ROBO416

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