Bitcoin Short - yes skewer me now

9 בינו׳ 2021

BTC broke out of a rising wedge on higher time frames (thick red lines) and a triangle (green lines) on lower time frames. I shorted at 39600s at that break. I am butting TP on all supports on the way down and will reasses on how(if) they are broken. 37300 35500 31400 25100. This is not the best trade since we are in an uptrend. But figured the stars were aligning. I will have a tight stop loss which will probably burn me seeing that BTC could easily go back up to 41K. I will post a lower time frame so you can see the different stops an SL could be placed. Gl out there, not financial advise.

9 בינו׳ 2021

הערה

Green dashes are possible SL points


40100 41100