Traders playing this range have placed their stops around $32300. If it breaks that level, I anticipate it will move fast. Invalidation below $31.9k. Don't expect a bull flag to play at completely because $33k-$35k is very heavy resistance.
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Hunting liquidity for below $32k to hopefully grab more fuel to the fire. Reel in more shorts?
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1H looking very significant now. Scooped up a bunch of volume:Shorters are quickly covering, buyers who got stopped out are market buying back in.
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Fully out of this trade:
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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.