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Just saw a massive descending triangle forming on the 1H chart for BTCUSD. If it breaks below 67k, we could see a swift drop. I'm setting up a short position now, aiming for the previous low around 65k. Gonna use that 50x leverage, why not?
Whoa @spectrax130, 50x leverage on a descending triangle?? That sounds super risky, especially since you're not sure if it will break 67k. I'm always so nervous when I open a trade, I usually just use 2x or 3x at most. What if it doesn't break down and goes up instead? That would be bad.