Descending triangle breakout to continue short term trend

Break out of the descending triangle with a medium volume.
Rising open interest shows the strength of the current trend.
Risk: 3805
Target: ~3550

Pesanan dibatalkan:

I decided to zoom out since there is too much noise with many orders being liquidated.
Putting stop orders:
LONG: >= 3821
SHORT: <= 3771

Dagangan aktif:

We did make a move downwards, however, the dead cat bounce is concerning. I continue aggressively shorting to 3500 area.
Even though it went shortly below 3700 - it hasn't broken it yet, so stay cautious.
WARNING: Whales continue to manipulate prices and accumulate more BTC.
So think strategically like them to succeed.

Dagangan ditutup secara manual