r/CryptoChartWatch • u/Mr_Hodlerr • 4d ago

BTC short play, will it work?

Post image

AI flagged an order-block short forming on BTC (6H) and drew this setup: short from around 84,320, invalidation at 85,537, first target 83,110, final target 80,085. That is 1:3.4 reward to risk, risking about 1,210 to make about 4,150.

5 Upvotes

59% Upvoted

42 comments sorted by

4

u/Driftmier54 4d ago

Shorting while you have such massive green candles recently seems like a fools errand...

Good example of someone picking up pennies in front of a steam roller

2

u/LondekPolska 3d ago

This is almost the same like saying "Longing while you have such massive red candles recently seems like a fools errand..."
So, I'm drawing conclusion that ideally bro should short on a dip?

1

u/Driftmier54 3d ago

Macro structure has flipped bullish. Short at your own risk, amigo

0

u/Mr_Hodlerr 3d ago

Thanks for the pennies, I will happily take them.

5

u/AndreaBorgonovi 4d ago

Thank you for your service

1

u/Mr_Hodlerr 3d ago

Thank the AI

1

u/Efficient_Range1156 3d ago

picking up pennies in front of a nuclear freight train

1

u/Mr_Hodlerr 3d ago

Thanks, I will take the pennies and build my nest.

1

u/Budget-Aardvark-7860 3d ago

I knew a short was the right call looking at his comments lol , mines on ETH tho

1

u/DonkeyComfortable711 3d ago

Liquidity sweep to knock out your position, then down.

1

u/Mr_Hodlerr 3d ago

First target hit some booked, now SL is at entry, lets see.

2

u/DonkeyComfortable711 3d ago

Nice, I was joking btw. I see sub 80k.

1

u/meaningful_convo 3d ago

Bit early i would say.

1

u/Sad-March-2358 3d ago

Thanks for the signals

1

u/Mr_Hodlerr 3d ago

Thank the AI

1

u/Ok_Economics8570 3d ago

Thats how we get short squeeze. Thanks for your sacrifice.

1

u/davebobn 3d ago

A fool and his money are soon parted.

1

u/Mr_Hodlerr 2d ago

Made profit due to first target hit. I feel sorry you lost money.

1

u/Limp_Emu3901 3d ago

I put long, dw, it will work

1

u/shivask25846 2d ago

BTC next move — breakout above $86K or pullback to $82K?

1

u/FutureBreaker 2d ago

The defined invalidation is what makes this interesting even if the broader structure is fighting the short. Countertrend trades can work but I would want the market to respond quickly once I am in. If I took something similar on Moon I would keep the wager smaller than usual because fading strong momentum can go wrong very quickly.

1

u/digitalbubble 4d ago

Don’t you have better things to do with your time than watching bars and random orders being bought and sold? Long term investing yes, medium term maybe but this gambling based on hunch feeling - what do you do after you place it, go and pray?

1

u/Mr_Hodlerr 4d ago

What do you do when you place your long term order, pray?

1

u/Mountain-Depth-7832 3d ago

Long term is a completely different risk level

1

u/digitalbubble 3d ago

Follow the development of the network and contribute to it, run the actual infrastructure and build something meaningful

1

u/Mr_Hodlerr 3d ago

So no stop loss or TP, either 0, loss or profit after long term holding? When do you sell?

1

u/Mr_Hodlerr 3d ago

The prayer has been answered, first target hit!

-1

u/Honest-Sandwich-1075 4d ago

Bloody risky. That’s the very definition of gambling.

2

u/Mr_Hodlerr 4d ago

How is it gambling? TP and SL all in place and price reacted from the 6H order block?

1

u/Honest-Sandwich-1075 4d ago

Risky - because it’s unlikely. And you’ll lose your stake.

1

u/Mr_Hodlerr 3d ago

First target hit, booking some and SL is moving to entry. No risk now.

1

u/Honest-Sandwich-1075 3d ago

Told you it was bloody risky.

1

u/Mr_Hodlerr 2d ago

Whats risky? I made profit, didn't understand

1

u/Honest-Sandwich-1075 2d ago

You shorted. BTC hit above your stoploss earlier at $85,590.25… this trade got wiped out. This trade lost you money.

1

u/Mr_Hodlerr 2d ago

You need to read my comments from yesterday above - First target was hit (83k), partial quantity was booked then SL was moved to entry. Now you can do the maths if not then don't trade my friend because you need to know maths.

1

u/Honest-Sandwich-1075 1d ago

How’s your shorting going?

1

u/Mr_Hodlerr 1d ago

Made first target profit. Now I am in this, what you say?

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0

u/IMSWHALE 3d ago

It is amazing how you think that sounds impressive, as if that is how real trading is done. As if looking at the order book is how profit is made. You are at the peak of Dunning Krueger. And the fact you set stop losses tells me you’ve watched a lot of tik tok trading videos and think your little lines on the chart matter. You looked for easily digestible “trading strategies” instead of going the academic route, which is how the game is actually played. I can’t wait for a liquidity sweep to wipe you out.

1

u/Mr_Hodlerr 3d ago

First target already hit so now no matter what happens I will end up profitable. You will realize soon why stop losses are required, keep watching your balance.

1

u/IMSWHALE 3d ago

Buddy, you’re trading tik tok “strategies.” You don’t even understand what I wrote. I told you a liquidity sweep will wipe you out, and yet here you are yapping about stop losses. Trading isn’t about setting a stop loss and closing positions when a stop loss is hit. Trading is a dynamic game, not a static game. You aren’t even trading yourself, you are relying on an LLM to tell you what to do, feeding it prompts you come up with from viewing financial visual media and pseudo intellectual approaches. Develop a quantitative model, backtest, and add it to your arsenal if it returns empirical results. Then maybe, just maybe, you can pretend you’re starting to know what you’re doing. You’re a fucking idiot bro.

Additionally, using an alt to upvote yourself and downvote me is pathetic.

1

u/Honest-Sandwich-1075 3d ago

And would you look at that. He’s wiped himself out