$MSTR Lines of Liquidity [$CRO short in action, $DXY pump]I'm still working out how trading view recording works, and it seems the upload failed, so i'm not sure exactly what will be connected to this post, but let's see....
$MSTR opened strong today on the back of a slightly higher $BTC since yesterday's US market close. My hypothesis remains that volatility will be the name of the game in the coming days, as we are sandwhiched between two pre-market gaps. One from last Thu-Fri session at 300-325, which was nearly 5%, and multiple smaller ones down near 210-230. The shorter term gaps are more likely to be filled in the coming hours/days than the longer term-ones which have already failed to fill. But they'll all be filled, which means we can expect a range of at least 210-300 or 30+% moves in the coming days/weeks while we wait for summer to end and the US FED to announce it's highly anticipated rate hikes - estimated to be between 50bp and 100bp, depending on the inflation CPI numbers and other factors.
I'm active in a CRO trade, accumulating with anticipation for a move to the downside. I'm shorting through .125 - .129, with a stop loss set at .13. Looking to cover at ~.12
And I'm slowing distributing my open MSTR trade between 280-300.
The $DXY continues to pump, while $BTC remains relatively flat, which in my book indicates a divergence worthy of our close attention and a surprise up someone's sleeve. Who's playing games out there, who is it, really!?
