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Bitcoin / TetherUS
Long

Head and Shoulders setup

369
Reasons:
  • BTC needs to cool off
  • S&P trying to do a trendline backtest and still has room to go
  • In general, the VA Point of Control acts like a magnet
  • BTC perpetual contracts are overwhelmingly LONG, so a long squeeze is an easy enough trigger
  • The BTC fear and greed index hasn't registered fear in over 6 weeks


snapshot
roger_that
Also on:
BTCUSDTBTCUSDTPERPHead and ShouldersS&P 500 (SPX500)

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BTCUSDTBTCUSDTPERPHead and ShouldersS&P 500 (SPX500)
roger_that
Also on:

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.