Sweet Bitcoin Short Setup

The outer blue circle serves as continuous support for this bearish trade. For best use, keep adding small amounts to the net short position on all arc-touches.

We all know that BTC likes to spike, so accumulating a larger short position incrementally may make this a much less scary trade. The only down-shot is if it breaks the bottom at an earlier point, such that you might not get your whole target position in.

Still, I think the first method will work best in this case.

-RoundishPig


BITBAY:BTCUSDT
BITBAY:BTCUSD
COINBASE:BTCUSD
CRYPTOCAP:TOTAL2
COINBASE:ETHUSD
BITFINEX:ADAUSD

Dagangan aktif:

Second thought, this may just break out the bottom for a very fast drop. Would take on some size on the initial entry.

-Pig