Short
BIT on ByBit setting up for a short + huge unlock
Well, it has been a while since I posted ideas. I keep getting "timed out" by TV for things.
So let us try this simple rollover on the VoodooWarlord alerting a short on the technicals, and the fundamental fact that there is an unlock coming should give an excellent area to exit a long and turn to a short.
Keep an eye out for confirmation as it breaks under the golden dump line.
Risk vs reward, as always, needs to be weighed.
Plus, unconfirmed rumour USDC has now been given the overstep by the SEC to stop supplying.....seems like a recipe for the price of BIT to return to the lows it was just days ago.
Not investment advice
So let us try this simple rollover on the VoodooWarlord alerting a short on the technicals, and the fundamental fact that there is an unlock coming should give an excellent area to exit a long and turn to a short.
Keep an eye out for confirmation as it breaks under the golden dump line.
Risk vs reward, as always, needs to be weighed.
Plus, unconfirmed rumour USDC has now been given the overstep by the SEC to stop supplying.....seems like a recipe for the price of BIT to return to the lows it was just days ago.
Not investment advice
The #VoodooWarlord and MSQO are the driving factor for all #BanterBucks trade ideas. They are based on 27+ years of trading experience to help guide trades. Not financial advice, edutainment.
x.com/Osirustwits
x.com/Osirustwits
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
The #VoodooWarlord and MSQO are the driving factor for all #BanterBucks trade ideas. They are based on 27+ years of trading experience to help guide trades. Not financial advice, edutainment.
x.com/Osirustwits
x.com/Osirustwits
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.