Once we hit the 51k level I will add another short order!

2021년 5월 14일

Analysis: BTC is still weak, there are a lot of fun thing with Elon Musk tweets, but we can't take his tweets as a fundamental factor. The whole market is trying to make something positive but it always fails. Any serious dump will eat the 50k support and 45k support for breakfast. The only zone where I can see some value is at the 30-33k level. By considering all the thing happening right now and by looking at the daily chart I am actively looking for the best price level to add more short positions.
Right now I am planning to open another short from the 51k level, and I am waiting to hit the 33k level at least.

Trade: Short
Entry: 51080$
1st target 45000$
2nd target 33000$
S/L: 52080$

Once the correction will be done, I expect a fast V shape recovery.

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2021년 5월 17일

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