Hello friends.
We are thinking that Bitcoin will have a substantial retracement of at least another 10% down, so we are going to get into a short position. The position also matches with the AI model's bearish forecast, and the upcoming bearish events such as the recession announcement & Bearish Moon, both on the 28th. The biggest risk to this short position is the fact that the volume profile is still showing an incredibly weak amount of resistance, which is the reason prices have had such an easy time climbing up. So we have the stop loss set to get out at the first sign of prices poking higher, since they might go a lot higher if they go a little higher.
Thanks for playing.
We are thinking that Bitcoin will have a substantial retracement of at least another 10% down, so we are going to get into a short position. The position also matches with the AI model's bearish forecast, and the upcoming bearish events such as the recession announcement & Bearish Moon, both on the 28th. The biggest risk to this short position is the fact that the volume profile is still showing an incredibly weak amount of resistance, which is the reason prices have had such an easy time climbing up. So we have the stop loss set to get out at the first sign of prices poking higher, since they might go a lot higher if they go a little higher.
Thanks for playing.
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免責事項
これらの情報および投稿は、TradingViewが提供または保証する金融、投資、取引、またはその他の種類のアドバイスや推奨を意図したものではなく、またそのようなものでもありません。詳しくは利用規約をご覧ください。