Bitcoin sell short position idea
Greetings from Team : Trading The Tides.
lets discuss a short sell oportunity on (coin name )
Target area for initiating short :16700
DCA Limits : 16900 , 17200
TP :15900
SL :
Hold Time : Short term
Technical Chart Pattern:
Posible liquidity area : 17250
Exchange:Binance
Idea :
Btc is currently trading inside a rising wedge , and most probably will dump as per the black Friday which if we see the history the dumps are as follows :
2021: 10.16 %
2020: 16.66%
2019: 20.44%
Indicators suporting sell , rsi
So chances are that it happens again considering all the news in the crypto industry and the overall economy.
please leave your kind reviews !
Rules :
We use big capital with less leverage .
Max leverage : 3x
Better take trades with 1x.
We only post the exact setup we are following for the trades .
But DYOR .
Not a Financial Advice !
From Team :
Trading The Tides
Like , Share ,Follow
Thanks a lot and see you soon on the next trade .
lets discuss a short sell oportunity on (coin name )
Target area for initiating short :16700
DCA Limits : 16900 , 17200
TP :15900
SL :
Hold Time : Short term
Technical Chart Pattern:
Posible liquidity area : 17250
Exchange:Binance
Idea :
Btc is currently trading inside a rising wedge , and most probably will dump as per the black Friday which if we see the history the dumps are as follows :
2021: 10.16 %
2020: 16.66%
2019: 20.44%
Indicators suporting sell , rsi
So chances are that it happens again considering all the news in the crypto industry and the overall economy.
please leave your kind reviews !
Rules :
We use big capital with less leverage .
Max leverage : 3x
Better take trades with 1x.
We only post the exact setup we are following for the trades .
But DYOR .
Not a Financial Advice !
From Team :
Trading The Tides
Like , Share ,Follow
Thanks a lot and see you soon on the next trade .
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