Prior lows becoming support to be broken
S1- $6,000
S2- $5,400
S3- $4,970
BTC is -25% from July 25th
BTCUSDSHORTS are +57% since July 25th
Short term is unknown, obvious targets are to test $6,000 (S1) and then finish off the shorts with a facemelter to $7,000 - $7,200 range before another dump to hunt for stop losses set by BTCUSDLONGS
S1- $6,000
S2- $5,400
S3- $4,970
BTC is -25% from July 25th
BTCUSDSHORTS are +57% since July 25th
Short term is unknown, obvious targets are to test $6,000 (S1) and then finish off the shorts with a facemelter to $7,000 - $7,200 range before another dump to hunt for stop losses set by BTCUSDLONGS
Comment:
supports set using weekly timeframe, hence the imperfect 1D visuals
Comment:
itshappening.gif
another leg down to $6,250 and honestly I would be surprised if we just go straight to $6k. That being said, it will now probably happen
another leg down to $6,250 and honestly I would be surprised if we just go straight to $6k. That being said, it will now probably happen
Comment:
even with a small squeeze, shorts are increasing. this looks like a MASSIVE trap being set for anyone with a stop loss