What comes up must go down!

Zaktualizowano
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Looking at the bigger timeframes (4H) btc has been rejected on a major resistance level. This could potentially bring us back down ton the green support zone. But I am safing it and taking profits at the yellow downwardsloping line.

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Looking at the 15min it looks like we are making lower highs and soon to be lower lows.

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Looking at the 5min we get reminded of that we could still back test the resistance zone but we are currently most likely to break down since we are in a steep downtrend.

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Looking at the 1min timeframe I can see the higher lows at the micro trend but keep in mind that we are on the beginning of a downtrend on the bigger picture. I think the stop loss is perfectly executed above the previous lower high and I will now look forward to make the trade risk free! I think that btc easily could go down 4% based on price action.
Zlecenie aktywne
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I am short @104349.6 with a 200x leverage. Let’s get this bread!
Transakcja zamknięta: osiągnięto wyznaczony cel
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Moment of truth! We still have to see the price break through those previous lows in order to see the price waterfall like I want to.
Uwaga
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We did break those lows and are now seeing the beginning stages of the waterfall
Uwaga
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I just made the trade risk free! (Moved the stop loss to the blue line)
Uwaga
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Keep in mind that we are most likely to not break the previous lower high and that we should very soon see a continuation of the downtrend.
Uwaga
I just got stopped out making 112% profits. Now I’m looking to take another trade (probably a short position)
Uwaga
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I just went in with another short as I’m looking for the price to make another lower high
Uwaga
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My stop loss is @103777,4$ 10 more minutes to flip that 15min candlestick red!
Uwaga
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Not gonna lie. 1 hourly candlestick is looking a bit scary
Uwaga
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That double rejection followed by the M-pattern will most likely make us continue the downtrend. Looks like I’m right on this trade as well :)
Uwaga
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Taking out this low will make us continue the waterfall. Stay alerted guys!
Uwaga
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We did also get a nice bodily close beneath the previous bodily low. This is making us most likely to go further down. Let’s goooo!
Uwaga
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I just turned the trade risk free! Giving me profits above 50% if I lose
Uwaga
I’m out. Just made another 50% profits. Now looking for the next short to take!
Uwaga
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Just made another short. Looking to get sum moneeeey
Uwaga
Looks like I was wrong on that stop loss and just lost 40% on that trade. But no worries I am still up for the day! And it’s only the beginning of the morning here in Norway. I promise I will get in some good trades now. WATCH ME!
Uwaga
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Just went in with another short as we are looking to reverse on the micro resistance zone.
Uwaga
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I just made the trade risk free! Looking to take out those lows next. Worst case scenario is about 30% profits and best case scenario is about 728% profits
Uwaga
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I moved the stop loss to be slightly above 100% ROI since we took out the lows and are currently continuing the downtrend.
Uwaga
I am out of the trade with 95% profits
Uwaga
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Support got hit just as planned. A break of 108,5k will boost us up!
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