Short to 58-60k.

26 Jul

Short target to 60k. We are near the top of our monthly range with a downward slope. Potential bull flag but this short/medium term idea is pointing to a move to the downside of the flag. I spotted a hidden bearish divergence on the 1 day chart. If the bulls fail to break 68400 decisively the divergence is confirmed. Don't use too much leverage. Always have a HODL and a trade stack. Don't be an idiot. If you blow your trading stack you still get rich if you properly DCA and HODL.

27 Jul

Catatan

Added to short at 69.2. Multiple divergences on lower time frames. Top of Monthly range. No reason for us to break now. By low and sell how. Longing here is high probability of longing the top.

28 Jul

Trade aktif

Still short target 60k. This seems like its a sell the news event. Trump isn't president yet and there is at least a 40% chance he loses the election. Plenty of time for whales and market makers to push the price down and accumulate at lower ranges. And you should be happy about this unless you are already rich. Because it gives you more time to accumulate as well.

29 Jul

Catatan

That was a very harsh rejection off 70k. I think we are for sure going down. stop loss 70500 first target 64000 second target 60000 third target 52000. Going to play it by ear. It can always come back if the bulls can find a good support. I don't think we break upward until around election time.

2 Agu

Catatan

Still holding this short to at least 60k. The upcoming iranian strike on israel has a very high chance of pushing the price down further.