NayefSays

BTCUSDT Short - Fading the pump

Short
NayefSays Aggiornato   
BINANCE:BTCUSDT   Bitcoin / TetherUS
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this rallied back into what is now resistance, market structure is broken lower and now considered bearish.
Trade attivo:
went higher than expected but still valid.

exiting half position at the lows (25400) if we get there.
Commento:
although this is going sideways, i think its not going to resolve higher. SPX is at resistance and looks peaked. I think next week is a bloodbath
Trade attivo:
looks like it did in fact turn into a bloodbath. closed half at 25400.
Trade attivo:
added more at 26200 (put back what i took off at 25400)
Trade chiuso: obiettivo raggiunto:
took off again what i added at 26200 and closed rest of position. All in all this has been a positive 2R position as i compounded and removed and round tripped a small amount.
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