I closed Short position and opened long 38700
Long: 38700
Targets: 39900 - 41550 - 42480 - 42950
Stop loss: 37590
x5 %5
All traders, please, don't forget for this⬇️⬇️⬇️⬇️⬇️⬇️⬇️⬇️
I ask each of you to consider your own risk and money management. Do not trade with a large "X10-X100" and always place a stop loss.
Why do I close my short position and open it long.
1) Dear friends, you know that I am expecting a fall, and we are working from short positions, but I have a presentiment that I am mistaken about this, and globally, we have many points to do new ATH.
2) the price was returned back beyond the level 38150 - without making a trade below this level. And also without leaving the price at the bottom of the 37750 mark.
3) The RSI indicator and Bollinger are at 4THs now at their minimum values, which indicates a price reversal.
4) There is a lot of noise around cryptocurrencies, and if manipulation happens, there will be a very strong impulse. Take the same Ilona Mask, who, with one tweet, triggers the price by 4 thousand points. But I hope this does not happen again, as it will just be cruel to others.
5) Cluster analysis - the average value of purchases, the volume is slightly overestimated.
6) The price is adjusted to our shorts mark at 39,300.
If there is a squeeze, as well as an exit from this range, we may see an impulse in which direction - honestly, I don’t know now, but my trading bot indicates a decrease in the margin movement of the bitcoin price.
If there is a downside loss, we will lose a lot, and this will be our first losing position.
7) We have a weekend - the formation of a new gap. Honestly, I am still waiting for the fall, and would like to see the price at least 35,000.
But too many factors suggest otherwise, so I open long.
If the price returns to 37750, and there is a trade there, I already tell you that we will reverse the position on the 35000-32000 update.
But for now, long.
I ask each of you, do not overstate the lot in the position, trade wisely, if something goes wrong, please, react normally, as the excitement to return the loss will lead to even greater losses.
Targets: 39900 - 41550 - 42480 - 42950
Stop loss: 37590
x5 %5
All traders, please, don't forget for this⬇️⬇️⬇️⬇️⬇️⬇️⬇️⬇️
I ask each of you to consider your own risk and money management. Do not trade with a large "X10-X100" and always place a stop loss.
Why do I close my short position and open it long.
1) Dear friends, you know that I am expecting a fall, and we are working from short positions, but I have a presentiment that I am mistaken about this, and globally, we have many points to do new ATH.
2) the price was returned back beyond the level 38150 - without making a trade below this level. And also without leaving the price at the bottom of the 37750 mark.
3) The RSI indicator and Bollinger are at 4THs now at their minimum values, which indicates a price reversal.
4) There is a lot of noise around cryptocurrencies, and if manipulation happens, there will be a very strong impulse. Take the same Ilona Mask, who, with one tweet, triggers the price by 4 thousand points. But I hope this does not happen again, as it will just be cruel to others.
5) Cluster analysis - the average value of purchases, the volume is slightly overestimated.
6) The price is adjusted to our shorts mark at 39,300.
If there is a squeeze, as well as an exit from this range, we may see an impulse in which direction - honestly, I don’t know now, but my trading bot indicates a decrease in the margin movement of the bitcoin price.
If there is a downside loss, we will lose a lot, and this will be our first losing position.
7) We have a weekend - the formation of a new gap. Honestly, I am still waiting for the fall, and would like to see the price at least 35,000.
But too many factors suggest otherwise, so I open long.
If the price returns to 37750, and there is a trade there, I already tell you that we will reverse the position on the 35000-32000 update.
But for now, long.
I ask each of you, do not overstate the lot in the position, trade wisely, if something goes wrong, please, react normally, as the excitement to return the loss will lead to even greater losses.
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