Short it Than BOOM! try to catch the falling knife

2020년 6월 6일

Trading strategy

I rarely post charts, but when i do it im always right;
Ive been trading bitcoin since 2013

1 day divergence from 10200 ~ 10400 usd

Rsi going lower, its not an asset so valuable now that SP500 is going to the moon.

Im shorting since 10200 usd levels, my first target is 8800 ( Rebound to 9200 than full short again to 8000)

Wait until gets to fibonacci 0.382 ~ 0.5 levels which would be 7500~7000 usd levels. For me it has to be that way to have a nice run up to 14000~16000 usd levels.