Hello traders, here is my analysis for BTCUSDT
When everyone sets a target price in mind, we often don't get there before shaking out leverage traders. Greed Index is at its peak with people expecting bitcoin to hit 150k-250k without a pullback.
I have a question for you, if everyone is winning then who's losing?
Bitcoin price isn't going to go up in a straight arrow, bulls will get liquidated before those targets can be seen.
SELL HIGH,BUY LOW!
Let me know in the comments below if you have any questions. This is just my forecast/analysis, not financial advice.
When everyone sets a target price in mind, we often don't get there before shaking out leverage traders. Greed Index is at its peak with people expecting bitcoin to hit 150k-250k without a pullback.
I have a question for you, if everyone is winning then who's losing?
Bitcoin price isn't going to go up in a straight arrow, bulls will get liquidated before those targets can be seen.
SELL HIGH,BUY LOW!
Let me know in the comments below if you have any questions. This is just my forecast/analysis, not financial advice.
Note
I'm going to look short opportunities near my sell zones
Trade active
Short position is running in +10,000 points profit, congratulations!
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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.
Related publications
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.