Take a look at the red trend line that previously made contact on July 15th and Sept 14th acting as support.
This forms the bottom of a giant wedge pattern with the overall bear trend line since btc 20k.
With all time high shorts in the orderbook, oversold on daily RSI, it's a recipe for disaster.
Majority of folks will burn, not Slumach.
I don't see btc under 6666.6(hail satan) in the near future.
I see a major upward movement coming to squeeze current shorting majority, followed by some sideways action to accumulate more long interest.
Followed by a nice long squeeze back to 6900~ before the real action.
back to the mine, cheers.
This forms the bottom of a giant wedge pattern with the overall bear trend line since btc 20k.
With all time high shorts in the orderbook, oversold on daily RSI, it's a recipe for disaster.
Majority of folks will burn, not Slumach.
I don't see btc under 6666.6(hail satan) in the near future.
I see a major upward movement coming to squeeze current shorting majority, followed by some sideways action to accumulate more long interest.
Followed by a nice long squeeze back to 6900~ before the real action.
back to the mine, cheers.
Not
$1400+ in 4.5 hours : Short squeeeeeeze confirmed.
Feragatname
Bilgiler ve yayınlar, TradingView tarafından sağlanan veya onaylanan finansal, yatırım, işlem veya diğer türden tavsiye veya tavsiyeler anlamına gelmez ve teşkil etmez. Kullanım Şartları'nda daha fazlasını okuyun.
Feragatname
Bilgiler ve yayınlar, TradingView tarafından sağlanan veya onaylanan finansal, yatırım, işlem veya diğer türden tavsiye veya tavsiyeler anlamına gelmez ve teşkil etmez. Kullanım Şartları'nda daha fazlasını okuyun.