Edgard Gutiérrez

$BTC: No Sunday Report today as nothing changed from last Week. I’m placing multiple short orders between $86,500 and $89,500, a range of roughly 3.5%. What many don’t understand is that I’m building one position across several entries. For example, a $10,000 allocation can be split into five $2,000 orders at $86,500, $87,000, $88,000, $88,500 and. $89,500. If all five orders fill, the total is $10,000 with an average entry of approximately $87,887 The short leverage I use is a very simple x2 leverage, more than enough to profit on the way down, and back on the way up due to the existing spot positions. This is what building a short position means. I don’t need to guess the exact top and commit everything at one price. I spread my limit orders across the area where I consider to be a distribution phase. That’s exactly what I’m doing right now. My exact order levels and position updates are shared exclusively in DrProfitCrypto.com and will be shared in the next days. THIS IS NO FINANCIAL ADVICE AND EDUCATIONAL CONTENT ONLY