linebands的COINBASE:BTCUSD的BTC Short, Possible top at 50.8k

BTC Short, Possible top at 50.8k

Rising bearish divergences on minute timeframes, and test trendline since ath to 52k local top.

交易進行

open limit short at 40.9k.

註釋

Scalp trade long opportunity at retest line ~50k, lots of bids there atm. If your taking it, be sure to set a tight sl. Gl

交易進行

opened market short at 49.9k

註釋

for the first short I meant 50.9k instead of 40.9k.

手動結束交易

closed short from 49.9k at 50k, opened long at trendline ~50k

註釋

Placed sl for long at 49.5k jic recent wick to 49.7k was not the end of capitulation. That wick hit a 1.618 fib target. Noticing weird behavior on the order books.

交易進行

add more to long limit at 49.6k as it could be the end of wave 5 impulse.

手動結束交易

closed long at 50k

交易進行

entered limit short at 50k, will stay in this trade. original short adjust to 50.7k, same sl and tp as noted on the idea chart.

註釋

Noticing lots of sell orders on the way up to 50.3k. Looks like someone doesn't want a short squeeze.

註釋

I expect this to be an 8-16 hour long fight near 51k. The region that may or not disprove many models

註釋

We might get a giga pump to 54k-55k soon. Lots of money waiting on the sidelines either to fomo in or cash in on the crash.

交易結束：達到停損點

The pump came, short stop loss triggered

註釋

Looking back, I should've went long instead since we've broken the the 50% fib retracement of the c wave of abc corrective wave from sept 6 to sept 21st @ 44.5k on both Sept 23rd and Oct.

Also, I should've stayed up all night to close my short after we'd skyrocketed past 52k back up to 55k after the minor correction from 51k to 50k @4am est.