$vtho short to $0.0043

Feb 5

Just opened a short on $vtho . I have SEI and #bitcoin short open but when I saw this I could not resist. I wouldn't recommend to anyone to have more than 2 positions open at times because market does correlate and its difficult to manage multiple open positions. But his $vtho short looks like one of them trades to set and forget.

You can see here but price made a new high on the week, then the following weekly close bearish signaling likely start of correction then this week attempts to push high and is getting rejected. The 4hr and 1hr tf shifted bearish confirming the bearish momentum. So now I anticipate the market will fall down to weekly area of interest or weekly prior resistance in this case to try to find support to sustain higher moves. So am expecting a clean drop soon.

Time sensitive, posting now.

Feb 5

Note

Scaled into $vtho short

Feb 6

Note

Took 75% profit on $vtho

Feb 6

Trade active

final target update

Feb 6

Note

Adjusted vtho short target again

Feb 7

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Scaled into $vtho short again

Feb 7

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Scaled in position tp 1 hit

Feb 8

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Scaled into $vtho short again

Feb 9

Note

Took some profiton $vtho short

Feb 10

Note

scaled into vtho short again

Feb 10

Note

Closed

Feb 10

Trade closed manually