I see BTC preparing for a higher high and break above 20,500.
But only to be rejected down to new lows.
BE CAREFULE OF THE SHORT SQUEEZE, it is too attractive for the whales not to trigger it.
Watch or act is up to you, I am long from that wick down yesterday and moving up my stop loss.
Good Luck
But only to be rejected down to new lows.
BE CAREFULE OF THE SHORT SQUEEZE, it is too attractive for the whales not to trigger it.
Watch or act is up to you, I am long from that wick down yesterday and moving up my stop loss.
Good Luck
Note
be mindful there is movement.Note
The resistance zone is having trouble squeezing higher. The up move is in jeopardy and I believe will head lower next.Note
There is the liquidation candle. now for the move lower.Note
I am expecting a sell off in BTC any time. The trap for late longs is set.
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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.