Bitcoin Short Trend Reversal(Mid term)

Started DCA Shorting BTC from above 68000.
Stoploss flat 69000.(1.5%)
Pretty much clean setup on this one with nice RR. Taking it won't hurt much because of the tighter stoploss.
Targeting 61k and 55k.

The price if holds here can see a significant downside.
I opened a position after very long time hopefully this will go good.

Note: Not a Financial Advice.

Сделка активна

Сделка активна:

Fully filled at 68300.

Комментарий:

Uh OH.
Added more margin here at 68750(not planned) to adjust the avg entry but this doesn't looks any weak now.

Сделка закрыта: достигнута стоп-лосс цена:

Closed out but looks like I'll renter soon.

Комментарий:

Uh oh thanks to stoploss.
If h4 closed like this or above 69k things might change.

Комментарий:

Knew it they won't be able to close that h4 like that. What's next a continuation?

Сделка активна:

After the retrace took a short again here from 69300 with close sl at 69700 in the new h4 candle.
Trading in volatility like this is not my thing.
Previous closed Strong enough. Will Flip long when price settles here.

Комментарий:

Moved stoploss to entry.
Will add more if it holds under 68600.
Definitely if it holds here I'll flip long targeting 78k at least.

Комментарий:

Added more shorts here in 68550. Flat stops slightly below entry at 68900.
Definitely if it holds up here and doesn't reject it is going more up because if we can see different time-frames most of them are Bullish. Take Daily and if Daily expandes from here it can easily go to 78k.

Сделка закрыта вручную:

No volume and i been holding this for hours for nothing.
Closed it here +4%.
Nicely Scalped in Gala and Axs today if i wouldn't have this position running i would've gained more from those scalps.

Комментарий:

Solid bounce and retested 69k looks like no down and 78k is coming.
Alts running again. Have a nice longs in sushi and snx hopefully these both will run soon higher.