My heart is in my throat watching my account as $BTC keeps plunging without mercy, leaving me feeling helpless with every beat ๐
Under heavy selling pressure, Iโve just decided to open a Short position on $BTC in the 75,650โ75,950 price range to follow the current flow of funds โก
Iโve set expected take-profit levels at 75,200, 74,800, and further down at 74,400, along with a strict stop-loss at 76,250 to protect my capital ๐ฐ
The 15-minute chart keeps forming lower highs and lower lows. If it breaks below 75,568, the downtrend could become even more brutal ๐
Discipline comes first. If the price reverses and breaks above 76,250, Iโll accept the loss and close the position immediately to protect my peace of mind ๐
Are you guys holding on to your Short positions, or anxiously stuck with your bags? Share your thoughts with me in the comments! ๐
DYOR - Sharing personal experience, not financial advice.
Under heavy selling pressure, Iโve just decided to open a Short position on $BTC in the 75,650โ75,950 price range to follow the current flow of funds โก
Iโve set expected take-profit levels at 75,200, 74,800, and further down at 74,400, along with a strict stop-loss at 76,250 to protect my capital ๐ฐ
The 15-minute chart keeps forming lower highs and lower lows. If it breaks below 75,568, the downtrend could become even more brutal ๐
Discipline comes first. If the price reverses and breaks above 76,250, Iโll accept the loss and close the position immediately to protect my peace of mind ๐
Are you guys holding on to your Short positions, or anxiously stuck with your bags? Share your thoughts with me in the comments! ๐
DYOR - Sharing personal experience, not financial advice.
