We’ve invalidated both bearish trend reversal zones,
which signals bullish momentum,
and we've now completed the newly formed bullish structure.
My hedge short got stopped out at break-even with a small win.
From here, we either start pumping directly —
or we get one more drop to around $102,500 before the next move up.
There are billions in shorts stacked above $110,000.
Once we reach that level, we’ll likely break through fast with momentum, so be rdy.
Euphoria will kick in soon
which signals bullish momentum,
and we've now completed the newly formed bullish structure.
My hedge short got stopped out at break-even with a small win.
From here, we either start pumping directly —
or we get one more drop to around $102,500 before the next move up.
There are billions in shorts stacked above $110,000.
Once we reach that level, we’ll likely break through fast with momentum, so be rdy.
Euphoria will kick in soon
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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.