So, I didn't lock in a profit after the last short trade.
I waited for more, as a result the position began to "melt" and I went to zero
(Although he could have taken good money, that's okay.)
I lost nothing and was convinced I was right.
My goal is not 1-5% profit.
I'm looking to enter large shorts with 200-500% PNL (and I've already made three of them recently).
So, some naive people are waiting for a reversal to ATH.
It's not going to happen. What's happening now?
The market is getting ready to cut some bears' stops.
As usual, brutal, cynical and without slightest snot.
What scenario is possible now?
It is some short (a few days) and aggressive assault on EMA200 or even EMA100 line.
I have seen many times, when the candles fix below the cloud, a retest of the lower boundary of the red Cumo is possible, with an attempt to fix above the EMA200.
So I plan to start at 53650 level, then 54500, 55000, and finally 56000, 56500,with 56900 (the last three big ones).
From this level bitcoin will fall to 40000.
Stop 58100.
There is also a big chance that bitcoin will not go higher than 52000-54000 thousand and the collapse of volume flow, which I expect on the 1D chart will happen sooner. In this case, I will enter short positions right on the market, if they are above 50,000.
In addition, there is no clear estimate on the increase in the prime rate from FED,
it seems that the official announcement is expected today.
And I won't play long from 48,000 level.
The reasons are in the monthly chart problems.