Mavski

SH*TPERP - Risk off

Short
Mavski Updated   
FTX:SHITPERP   Shitcoin Index Perpetual Futures
Looks like almost every asset market has stalled a bit, signaling a possible switch to risk off mode. Could be a local top. Closed out most long positions. Hedging remaining. Its been a great run, a retrace here should be expected and natural.
Comment:
nice bounce. mid 900s should be the top if its going to retrace down. Above 970, and this will probably be invalidated. confirmed if new high above 990s
Trade active:
shorting from 930s to 960s
Comment:
Wow looking really strong. Scalped some shorting, but this is the last one now at 960. Any higher and will need to adjust for another leg up. Wild days in all markets lately.
Trade active:
There it is. Huge dump straight from 970s on down. Will be trailing the stop loss down to secure profits, just in case it chops back up suddenly, but otherwise going to let it ride until Total / Btc looks done
Comment:
Interesting. On the cusp. Do or die
Comment:
Uh oh. Lets see how 833 does. Clutch
Comment:
bounced perfect off that support. taking a breather at 870s , might be a resistance for another good entry short with a tight stop.
Trade closed manually:
Too mixed. more bullish then before. Closing this. Trading case by case breaks for now.
Comment:
any drops here and Im re-entering
Comment:
had to go individuals. this is solid, there is a lot of internal rotations going on
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