waiting for stock markets to close to decide which way this is going to go - guessing with the market down today people are using crypto as a safe haven - prolonging this squeeze
shorts are going up on bitfinex - so looks as if everyone projects a downward swing
my guess is a 6350 will be the first stop - but a panic dump may bring us down around 4350
see lots a stablecoins being minted - which means people looking to buy on the dip - fast bounce upwards of 6900 - so keep those stop losses tights if your shorting
Happy Hunting HODL's
shorts are going up on bitfinex - so looks as if everyone projects a downward swing
my guess is a 6350 will be the first stop - but a panic dump may bring us down around 4350
see lots a stablecoins being minted - which means people looking to buy on the dip - fast bounce upwards of 6900 - so keep those stop losses tights if your shorting
Happy Hunting HODL's
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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.