A day to Scalp - BTC should normalize and start heading back up

Buying Bitcoin long contracts on bitmex. Bought 50,000 at 20x leverage cost of 2445.

Watching this closely but I think its damage has been done temporarily and need to bounce back into the channel. Keep an eye on a couple others will post all my daily trades here.

Best of luck

Commento:

This is a play on the support levels right here at 2375 that it keeps bouncing off of.

Trade attivo:

Added 25,000 long contracts at 2418.

will be in and out a bunch on this price action

Commento:

Soold those 25,000- back at 2429

Commento:

basically just watch for big rekts scalp the undervalued and hold for a few minutes and sell. Just made quick .10 btc ---- to help cover some of the loss on the first position

Commento:

Keep holding on --- one big green candle and we get a short squeeze --- thsi is highly risky play but i feel a big GREENY coming

Commento:

bought 15k at 2375..... need a greeny here or we rekt --- fire sale right now

Commento:

whew was $10 away from getting rekt --- im looking for an exit point here that was intense. wait for a big green then get the hell out of town

Commento:

got rid of those 15k at 2417 fora quick scalp ---- proceed with caution but i think we see a quick short squeeze holding my original 50k

Commento:

rekt on my initial 50k contracts. Looking for a rentry here with about anothe r50k contracts at 25x leverage

Commento:

money taking forever to move.... might do a different trade and play btc going up by shorting eth/btc again will advise

Ordine annullato

Commento:

25000 contracts short on xbtusd at 2392 ---- this is bleeding

Commento:

recovered this mornings losses but still holding this short

Commento:

holding this looks like support is going to be broke