edutradinguru

SCAM WICKS TO SQUEEZE SHORTS - PROOF WE ARE ON THE RIGHT SIDE

Short
BITFINEX:BTCEUR   Bitcoin / Euro
Look on bitfinex on the Eur. The price already hit the 100 hourly MA. Volumes were also huge.

On bitmex the max price of BTCUSD was 7028, while on Kucoin it never rose above 7000 (the max was 6995).
I do not want to do any endorsement for good and bad exchanges, but just look at the levels.

Remember that exchanges have full visibility of your stop losses, so always be conservative with leverage and levels!

This is the proof that the direction is down, and these levels are great to open the short, if not opened yet
Comment:
6600 support (in usd) proved to bevery strong . The price used it to jump to above 7k levels, breaking a descending trendline that held for 1 month. Now the price is consodiidating above 7k, giving the (false?) impression that the trend will be higher, but we still didn-t break throught the 7200 level. I saw this too many times :)
Still think of a downward leg before the halving.

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