BTC 4H LONG/SHORT Switch Strategy
CONGRATS to those who took my SHORT entry yesturday/today here –
I have taken profit, and switched LONG at the white and blue trendlines (around 29.9k) until the 0.786 at 33,152
HOWEVER we could be painting a Redistribution Schematic that takes us down to 25K – this I am well prepared for.
So I am hedging my LONG with 2 different SHORT orders:
1) I have set an order at BART’s ear (around 30,846) – if we reject from here I will cancel my long and hold short.
2) I have set a SHORT limit order that if we break 29.8k , we go down more. Of course, I will probably have to keep a close eye on things if this does hit as it’s quite a low level to short, but with good Risk Reward still.
If we break 29,800 (Coinbase), next stop would be 29,300-29,400 then if that breaks, 28,000 then 27 – 26 – 25
Now is the time that decides a lot.


