Short Squeeze updated & recapped (public)BTC had been bound between $8765 and $8795 give or take the exchange you are on. It lead me to believe a break out over and above $8795 should put many shorts under water a candle close over $8824 should initiate a full short squeeze. It has been a minute since we had one of these so looking at alot of energy and volume to make this happen otherwise it will be short lived. (Covered in: Short Squeeze set up to keep an eye on)
Trading off the 4 hour we had a nice swing short but it looked like it was time to close this even if you didn't go long.
The short from $9184.86 was attacked if you didn't do as the conversation said best to close out and reenter into a spike you have now given up the close at $8765 opportunity you had and a new short into $9140
This is not investment advice as always just infotainment for your edutainment.
Trade alerts all are taken from the trade trend indicator I created
TTI
Short Squeeze set up to keep an eye onCurrently BTC has been bound between $8765 and $8795 give or take the exchange you are on. It leads me to believe a break out over and above $8795 should put many shorts under water a candle close over $8824 should initiate a full short squeeze. It has been a minute since we had one of these so looking at alot of energy and volume to make this happen otherwise it will be short lived.
Trading off the 4 hour we had a nice swing short but it look slit it time to close this even if you don't go long.
This is not investment advice as always just infotainment for your edutainment
Discuss thoughts and opinions below
BTC range bound break outCurrently BTC has been bound between $8765 and $8795 give or take the exchange you are on. It leads me to believe a break out over and above $8795 should put many shorts under water a candle close over $8824 should initiate a full short squeeze. It has been a minute since we had one of these so looking at alot of energy and volume to make this happen otherwise it will be short lived.
This is not investment advice as always just infotainment for your edutainment