Short Wizard
Open Trade
High-Frequency Trader
7.7 Years
I'm a crypto trader with a penchant for short selling. Love volatile markets, leveraging tech analysis to identify lucrative reversal opportunities. Follow me.
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Bitcoin showed signs of building on in early August after bouncing off a low around $112,000š¤«. Howeverš¤ , after its latest high at $124,128, sellers quickly stepped in, pulling the price downš. The decline has been accompanied by fading short-term momentum. Although it might be too early to conclude, relative strength index (RSI) readings are starting to point to a bearish divergence on the 4-hour candlestick timeframe chart.
Taking to the social media platform X, crypto analyst CasiTrades outlined what they believe could be the start of a larger ABC corrective structure for Bitcoin. According to the projection, Bitcoin may be entering Wave A, which consists of a five-wave corrective structure that could send the price to as low as $77,000 $BTC
Tell me what š¤ u think!
Taking to the social media platform X, crypto analyst CasiTrades outlined what they believe could be the start of a larger ABC corrective structure for Bitcoin. According to the projection, Bitcoin may be entering Wave A, which consists of a five-wave corrective structure that could send the price to as low as $77,000 $BTC
Tell me what š¤ u think!
#CreatorPad Binance is innovating an additional forum as Creator Pad to facilitate it's members, well done
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LINKUSDT
Perp
45X
Opening Short
Unrealized PNL
-2.23USDT
$MEMEFI 0.01
stange
I have never understood this fee, why it does not reflect in my profit balance? It is equivalent to having to pay fees for both going long and short, which means that the short sellers are paying more, right? It doesn't belong to me, does it?
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