Merry Christmas to all! I would like to share some insight to where I see the price going this week leading into the new year. To prove my commitment to this theory, I will be starting a trading account at an exchange using bonuses through a link. My plan is to scale into shorts starting above 103k up to 110k running tight stop losses while keeping close attention to the relative strength index. My theory is that market makers will try to capitalize on references given from families and friends during the holidays to trap them in price to have them sell their position for less then they paid. This will be the first year in the last few I won't be going away the time I have off work for statutory holidays. Do what you will but be cautious.
Post edit: Remember to take profit when you get a pullback and add to your short positions above the initial trade to prepare for them to use the liquidity created from dumping the price. Front run the exchange by spreading out the gains so even if they decide to trap and reverse price you can cancel the orders that are untriggerd to put into a long... Create with the creator and take advantage
Pump is loading up to blow up traders shorting at the 100k mark. Longs that were liquidated earlier today are gonna add fuel to the fire... Volatility is gonna pick up stop loss hunting in both directions
Merry Christmas to all! I would like to share some insight to where I see the price going this week leading into the new year. To prove my commitment to this theory, I will be starting a trading account at an exchange using bonuses through a link. My plan is to scale into shorts starting above 103k up to 110k running tight stop losses while keeping close attention to the relative strength index. My theory is that market makers will try to capitalize on references given from families and friends during the holidays to trap them in price to have them sell their position for less then they paid. This will be the first year in the last few I won't be going away the time I have off work for statutory holidays. Do what you will but be cautious.
Post edit: Remember to take profit when you get a pullback and add to your short positions above the initial trade to prepare for them to use the liquidity created from dumping the price. Front run the exchange by spreading out the gains so even if they decide to trap and reverse price you can cancel the orders that are untriggerd to put into a long... Create with the creator and take advantage
Pump is loading up to blow up traders shorting at the 100k mark. Longs that were liquidated earlier today are gonna add fuel to the fire... Volatility is gonna pick up stop loss hunting in both directions