BTC short Hedge Update
Btc Update
Nota
Trailing stop 8920 < put on breakeven at 9427 areaNota
target 8262Nota
in 8262 re buy back btc and use the profit to buy more ETHNota
still need to break below 9200 area to add more short positions!! and If> 9500 I will start to to close my hedge short in BTC. The stop loss of the Hedge is still above 9595 area. If goes there I will stil have problably +3% net in my ETH position long if ETH goes up too!!Nota
We held very well in this channel, I closed my short in BTC. Holding my ETHIf we measure ETH price in 1 june we are right there, at the same price. Im awaiting to see if BTC drops below 9230 area heavily , but It sees that Dow Jones is reccovering and BTC is matching Dow move, as well ETH
Nota
I just opened a 20% of my capital for short hedge position , looks this opening is pushing lower, 9370< open someNota
alert price in 8960 area, we are droppimg quickly, attention now!!Nota
stops short already with tiny cost, proteccting 50 % of my HODL now!
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