thecryer

TheKing VS Shorts

thecryer Mis à jour   
COINBASE:BTCUSD   Bitcoin
- 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.
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- 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 !
Commentaire:
Shorts Levels from 2018 to 2024 :

Commentaire:
- 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.

Commentaire:
Some important Tickers that you need to master in priority. ( more important than BTC price ).

Trade fermée: cible de profit atteinte:
Shorts Rekt - BTC pump
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