11-17-2021, 11:10 AM
Advice to Bears in 48hrs your going to regret your life choices
<!-- SC_OFF --><div class="md"><p>As a person who sometimes plays the bear game. This is a trap </p> <p>I know it looks tempting BTC at a major support; 50 daily MA. With previous support the 21 Daily EMA now as possible resistance. But don't! </p> <p>This is the exact same setup we had in July. The Daily RSI going below 50 and the 50 looking like it will break. A classic 50/50 sell signal with a proof down to the Weekly 20 MA at $52,000.00 </p> <p>Easy money right? </p> <p>Load up a 10x short? </p> <p>No it's not it's a trap. I see your shorts open on ETH. I see the Put wall on BTC. It's a repeat of July. You are going to get liquidated and be used as rocket fuel for the King. </p> <p>If you are going to do it at least cover with 50% of the base asset so that your ass is protected from the big green candles</p> </div><!-- SC_ON --> submitted by <a href="https://www.reddit.com/user/GodlordHerus"> /u/GodlordHerus </a> <br/> <span><a href="https://www.reddit.com/r/CryptoCurrency/comments/qvda3v/advice_to_bears_in_48hrs_your_going_to_regret/">[link]</a></span> <span><a href="https://www.reddit.com/r/CryptoCurrency/comments/qvda3v/advice_to_bears_in_48hrs_your_going_to_regret/">[comments]</a></span>Kind Regards R
<!-- SC_OFF --><div class="md"><p>As a person who sometimes plays the bear game. This is a trap </p> <p>I know it looks tempting BTC at a major support; 50 daily MA. With previous support the 21 Daily EMA now as possible resistance. But don't! </p> <p>This is the exact same setup we had in July. The Daily RSI going below 50 and the 50 looking like it will break. A classic 50/50 sell signal with a proof down to the Weekly 20 MA at $52,000.00 </p> <p>Easy money right? </p> <p>Load up a 10x short? </p> <p>No it's not it's a trap. I see your shorts open on ETH. I see the Put wall on BTC. It's a repeat of July. You are going to get liquidated and be used as rocket fuel for the King. </p> <p>If you are going to do it at least cover with 50% of the base asset so that your ass is protected from the big green candles</p> </div><!-- SC_ON --> submitted by <a href="https://www.reddit.com/user/GodlordHerus"> /u/GodlordHerus </a> <br/> <span><a href="https://www.reddit.com/r/CryptoCurrency/comments/qvda3v/advice_to_bears_in_48hrs_your_going_to_regret/">[link]</a></span> <span><a href="https://www.reddit.com/r/CryptoCurrency/comments/qvda3v/advice_to_bears_in_48hrs_your_going_to_regret/">[comments]</a></span>Kind Regards R
