For those who have just read my recent deep dive into WHY 8,000 will be hit - it’s still a good time to short Bitcoin at the current price.
Here are the details for the trade.
Entry Low - 68,600
Entry High - 71,000
Stop Loss - 73,000
(Enter trade between Low and High entry and manage leverage accordingly - potentially DCA if we draw higher towards top entry - likely we won’t)
Target 1 - 57,300
Target 2 - 47,500
Target 3 - 34,800 (50% Close)
Target 4 - 19,400
Target 5 - 10,000 (100% Close here)
MOST LIKELY ABSOLUTE BOTTOMS RANKED:
1. 7,300
2. 9,000
3. 4,600
BUY / LONG in those regions only (5,000 to 9,000)
God speed. Should happen anytime now.
- DD
Here are the details for the trade.
Entry Low - 68,600
Entry High - 71,000
Stop Loss - 73,000
(Enter trade between Low and High entry and manage leverage accordingly - potentially DCA if we draw higher towards top entry - likely we won’t)
Target 1 - 57,300
Target 2 - 47,500
Target 3 - 34,800 (50% Close)
Target 4 - 19,400
Target 5 - 10,000 (100% Close here)
MOST LIKELY ABSOLUTE BOTTOMS RANKED:
1. 7,300
2. 9,000
3. 4,600
BUY / LONG in those regions only (5,000 to 9,000)
God speed. Should happen anytime now.
- DD
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The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Related publications
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
