BTC Ponzi. The bear is coming back soon.

BTC Short Zone: 4000-4100

Stop loss: 4300

Target Profit: 3630

After my successful ride down from 3900 to 3100, I'm looking for a pullback to the 0.618 fib, or the 3600 level. This is a great opportunity to short now with relatively safe leverage (5-10x). Multiple 4 hour doji wicks and overbought MACD suggest bullish exhaustion.

Komentarz:

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Looks like more upside is incoming. The mid-term trend seems strong for the bulls.

Zlecenie aktywne:

Re opened short at the 4000 level after seeing a classic double top pattern.

Komentarz:

SL 3950

Komentarz:

Just as I predicted...another successful trade :)

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