Entering into a short position at this level for $BTC. Volumes are low here so would thread lightly, if there is a surge in volume to the upside would cut my positions with a loss. Else, would be looking to take profits at around $20,350.

Balance: $20,000

Position: 0.1 BTC worth with 10x leverage

Trade Size: $2,100

Margin Required: $210

Updates:

Took another larger position at $21,000. Currently in small profits.Reason: $21,000 is at a supply block and current PA shows possible slowdown at that level. Will take note that currently $BTC is still forming HHs and HLs, so will tread carefully, if volume remains low, will leave the trade with a small loss.

Final Result: Closed full positions at an average of $20,650. Profits of 30% in less than 24 hours.

Entering into a short position at this level for $BTC. Volumes are low here so would thread lightly, if there is a surge in volume to the upside would cut my positions with a loss. Else, would be looking to take profits at around $20,350.

Balance: $20,000

Position: 0.1 BTC worth with 10x leverage

Trade Size: $2,100

Margin Required: $210

Updates:

Took another larger position at $21,000. Currently in small profits.Reason: $21,000 is at a supply block and current PA shows possible slowdown at that level. Will take note that currently $BTC is still forming HHs and HLs, so will tread carefully, if volume remains low, will leave the trade with a small loss.

Final Result: Closed full positions at an average of $20,650. Profits of 30% in less than 24 hours.