- A basic way to understand how BTC legs up are working.
- BTC Shorts go up.
- BTC price just retrace a bit or just slide. ( kind of divergence )
- it means Shorts are growing but running on a slice of butter.
Then :
- SHORTS Rekt.
- BTC makes his next leg up.
- it looks simple but actions and big legs up or down are acting pretty fast and most of the time at the last minute.
- that said, it's always good to monitor the level of shorts.
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Momentums :
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1- Shorters start to scare to be liquidated and add to their positions facing BTC Longs pressure, fast exit ( panic ) .
2- Shorters start to fomo when BTC price rekt and add more to their shorts ( greed ).
- it's really difficult to master "Shorts against BTC price" if you don't first Master " Divergences ", " Hidden Divergences " on regular charting and multiple timeframes.
---------------------------------------------------------------------------------------------------------------------
- Keep in mind that when i post just a simple chart idea.
- Behind that i check everything and more.
- Being right or wrong is not the point.
- knowledge and practice is the final goal.
Happy Tr4Ding !
- BTC Shorts go up.
- BTC price just retrace a bit or just slide. ( kind of divergence )
- it means Shorts are growing but running on a slice of butter.
Then :
- SHORTS Rekt.
- BTC makes his next leg up.
- it looks simple but actions and big legs up or down are acting pretty fast and most of the time at the last minute.
- that said, it's always good to monitor the level of shorts.
---------------------------------------------------------------------------------------------------------------------
Momentums :
---------------------------------------------------------------------------------------------------------------------
1- Shorters start to scare to be liquidated and add to their positions facing BTC Longs pressure, fast exit ( panic ) .
2- Shorters start to fomo when BTC price rekt and add more to their shorts ( greed ).
- it's really difficult to master "Shorts against BTC price" if you don't first Master " Divergences ", " Hidden Divergences " on regular charting and multiple timeframes.
---------------------------------------------------------------------------------------------------------------------
- Keep in mind that when i post just a simple chart idea.
- Behind that i check everything and more.
- Being right or wrong is not the point.
- knowledge and practice is the final goal.
Happy Tr4Ding !
Note
Shorts Levels from 2018 to 2024 :Note
- Monitoring BTC volatility index will give you more informations about what could be the power of the next leg, depending where we are situated :- BVOL can be compared with VIX for SP500. it's same.
Note
Some important Tickers that you need to master in priority. ( more important than BTC price ).Trade closed: target reached
Shorts Rekt - BTC pump
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.