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B_Cipher

Short-term trading using liquidation heatmap

BTCUSDT Perpetual Contract (BYBIT:BTCUSDT.P)  
B_Cipher Updated   
BYBIT:BTCUSDT.P   BTCUSDT Perpetual Contract
Chart Patterns Contains image
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Long term trend is down towards 50K

Short-term trend is up to 69K
Comment:
Understand larger trends and trade short-term using futures movements toward high-leverage liquidation.
Comment:
Next 66.4~37K
Trade closed: target reached:
Sell all long positions at 66.5K-67K
Comment:
68-69K short position to be filled
Trade active:
69K filled
Comment:
Funding fees and OI rise quickly
71K more short positions to enter
Comment:
Support 68K 66.8k

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