BTCUSD | XBTUSD | SHORT | Areas of Interest
Trend: Bearish
Retail Sentiment: Bifinex
Long positions = 44005
Short Positions = 1188
The bounce on the 19th of May was a hit at 50% off the all-time high. Shorts are slowly increasing as we move stronger into the bearish trend. There was a nice reaction to the Sell-side imbalance area. It would have taken a lot of buyers to push this past the Area of interest
This market will move fast down into the buy-side imbalance areas which are not as aggressive until we get closer to $20,000 👨🏾💻
Currently, I am bearish on Bitcoin, where I will be focused on the sell-side (red) areas of interest. As an intraday trader, I will be looking for a good setup to trade back into the trend. buy-side areas are great for exits 🕵🏾♂️
Happy Trading
Regards
LBM
Retail Sentiment: Bifinex
Long positions = 44005
Short Positions = 1188
The bounce on the 19th of May was a hit at 50% off the all-time high. Shorts are slowly increasing as we move stronger into the bearish trend. There was a nice reaction to the Sell-side imbalance area. It would have taken a lot of buyers to push this past the Area of interest
This market will move fast down into the buy-side imbalance areas which are not as aggressive until we get closer to $20,000 👨🏾💻
Currently, I am bearish on Bitcoin, where I will be focused on the sell-side (red) areas of interest. As an intraday trader, I will be looking for a good setup to trade back into the trend. buy-side areas are great for exits 🕵🏾♂️
Happy Trading
Regards
LBM
Note
The Sell-Side imbalance area is just to strong for buyers to break lol
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Les informations et les publications ne sont pas destinées à être, et ne constituent pas, des conseils ou des recommandations en matière de finance, d'investissement, de trading ou d'autres types de conseils fournis ou approuvés par TradingView. Pour en savoir plus, consultez les Conditions d'utilisation.
👨🏾🏫 Don't forget our website and Discord
ioniccapital.co.uk
discord.gg/6YfC2wxZ
ioniccapital.co.uk
discord.gg/6YfC2wxZ
Publications connexes
Clause de non-responsabilité
Les informations et les publications ne sont pas destinées à être, et ne constituent pas, des conseils ou des recommandations en matière de finance, d'investissement, de trading ou d'autres types de conseils fournis ou approuvés par TradingView. Pour en savoir plus, consultez les Conditions d'utilisation.