My current view of the market for the next 6 months.
Holding a short from $30k, will take profit under 25k next 3 weeks or hold for a liquidation cascade down to 17-19k.
Will only be net long from the bottom of the cascade around 18k in August.
Holding a short from $30k, will take profit under 25k next 3 weeks or hold for a liquidation cascade down to 17-19k.
Will only be net long from the bottom of the cascade around 18k in August.
Note
so the liquidation cascade entered now as opposed to in AugustNote
would take profit from 20k long at 33k. would adjust short asks to 40k+
Note
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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.