BTCUSD | SHORT | Areas of interest
Trend: Bearish
Retail Sentiment: Long, with an increase in Bifinex long positions
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. Expect a retrace before continuing on the bearish trend
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: Long, with an increase in Bifinex long positions
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. Expect a retrace before continuing on the bearish trend
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
Nota
You were warned about the Sell-side imbalance area 🤷🏾♂️Nota
Sending out an update of my areas soon....check my Tradingview profile every day for new content
👨🏾🏫 Don't forget our website and Discord
ioniccapital.co.uk
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ioniccapital.co.uk
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Penafian
Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.
👨🏾🏫 Don't forget our website and Discord
ioniccapital.co.uk
discord.gg/6YfC2wxZ
ioniccapital.co.uk
discord.gg/6YfC2wxZ
Penafian
Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.