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Shortsqueeze

🔥 Bitcoin Short-Squeeze Triggered: What's Next?Yesterday I made an analysis on Bitcoin's near term outlook. Here I argued that the outlook was definitely bullish and a short squeeze might be triggered since so many traders are shorting at the moment. Against all expectations, last night the short squeeze triggered, and we saw a massive increase in price. For fun, take a look at what happened on the BTC futures chart below. A 22.8% increase in price in 1 minute, this can only happen during crazy amounts of stop-losses being hit and liquidations. Like yesterday, I'm still bullish on the short term. Point of interest is the fact that we're currently seeing 6 green days in a row. The last time we saw 6 green days was during the massive run up early January, so it's to be expected that BTC will need to cool off a little in the near future. The most bullish scenario would be for BTC to decline between 3-5 percent, and bounce off the yellow area of minor support. Thereafter, 40k-42k are the new major resistances. I'm not expecting BTC to hit this area again today, but later this week we could definitely see a 40k Bitcoin. Happy trading!
Long
by FieryTrading
14
I told you soAt least on Binance Futures such a candle was possible. It's called short squeeze and happens if bears have to close their short positions, often induced by a cascade of triggered stop losses. Do we have finished the accumulation this time and start a new sustainable uptrend? i don't think so. Daily closes above $43k and a retest of the accumulation range would be needed in my opinion. Still, having a $5k candle on spot could be a strong sign, that demand is back and we go higher from here.
Long
by botfatherr
I Miss All The Fun 😭LOLYa, umm what to say? What to say? Agree or disagree you likely are still simply going to see another 80% dump or more. Extremely amusing to watch a familiar pattern of behavior repeated one Cryptos now on Meme stocks. So! A repeat of (FILUSD, DOGEUSD, ETCUSD) & More than I can keep up with? Oh and if I didn't make myself clear now I will take the opportunity now to say "Down" . LOL "I personally feel that buyers are going to increase their exhaustion buying (Dumps Not Dips). Free money maybe isn't as free as first perceived also it may not hit accounts fast enough for the little guppies to nibble up all the Whale crumbs as things sink down toward the inevitable abyss." (What 💎👐 People Say) "Story, story, narrative, talk, talk..." BLAH! (What People Do) "Umm Ok yeah whatever I am still selling." What's next? 3...2...1... "Realized Gainz" LOL What are your thoughts? Is it bad that people like to realize gains and say "Cool! More Dollars now!" Most will answer with an emphatic "YES!!!" LOL Or am I really the only person that's down to take profit and even short??? LOL (Much Wow! So Evi!l 😈) No Advice to give just thoughts that I can't shake after the last 6 years in the world of "CRYPTO" and now lightly dipping into some stocks since Ding Dings are flopping into MEME Stocks. Things 🤷‍♂️ #Fixed IDK Protect Your Neck! 🙏 FOR JUST A HEALTHLY PULLBACK! ""KEEP CALM AND MANAGE THY RISK!"" I am The CoinSLayer 👨‍💻😈
NYSE:AMCShort
by BradySWilliams
14
Sundial Growers Undervalued | Bullish FundamentalsSundial has had improved EPS (still not impressive atm) BUT, the street has given it a $2 valuation (DYOR) at the least and it's a behemoth of cannabis stocks. With the fed ban lifted now, this should open the market up considerably and SNDL, with several hundreds of employees and tons of cash, this is something to watch. The technical indicators are more for my own personal interests in this (yes I'm holding). One last thing, there's considerable shorts sitting on this from what I've heard and there's a TON of chirp across the chat space so do some digging and you'll come to the right conclusion. As always, not investment advice and again, DYOR. Good luck!
NASDAQ:SNDLLong
by FudBox
5
SXTC GOING CRAZY!! Shorts trapped!!!!!!So this is the name of the game for short squeezes… I’ve been scoping SXTC 2 months ago and I noticed the massive short float percentage which was at 23% now the short float % is at 5% bc those shorts are getting covered it's only a matter of time for SNDL AND QS TO pop so hold patiently when your playing short squeezes A few key things to look for in this set up: -bull flag pattern - massive consolidation which will lead this to squeeze harder and trap shorts for a higher move -Above 2.30s is our conformation for the breakout - Now take profit when necessary look for signs of reversal for a safe exit PT 1 = 2.60 PT 2 = 3.49 PT 3 = 5.16
NASDAQ:SXTCLong
by Ubaidy100
BTC - Wyckoff Accumulation seems to be happening. A recent 50% drop, Elon's tweets, massive head and shoulders and a death cross make everyone turn bearish as a result Fear and Greed index dropped to 14 last week, meanwhile big boys are reaccumulating. If you look at CME BTC chart you'll see an almost perfect (AR, automatic rally should be lower then the next HH) Wyckoff Accumulation happening on all of the time frames from 3h-12h. If it plays out it might give some fuel to the short squeeze that many expect. Even if we are in a bear market there will be bounces on the way to the bottom and the current set up might actually provide one.
CME:BTC1!Long
by Tradeonesia
5
$SNDL 1000%+ GAINS COMING UP! -first pennant pattern we got 120% returns on the $1 calls -now we are squeezing even harder -Good thing to notice is that the bearish cloud is starting to get thin (weak) so now were more susceptible to reverse - SHORT FLOAT at 13.7% which is super high allowing it to form a short squeeze -Also we broke the downtrend on the daily so we should start to see this pick up soon - beware of a false breakout it can go both ways -wait for volume to pull in
NASDAQ:SNDLLong
by Ubaidy100
17
AMC: Two Bullish ScenariosHello Traders and Investors, A lot of people are hype about AMC. Taking a quick glance at AMC, I noticed a very nice setup happening and it intrigues me a lot. There are two bull trades coming up; indicated with blue and green lines. I am waiting for a breakout to happen to take the trade. I do have a small long term position on AMC as I think it will get to $220 eventually once the squeeze happens. But in the mean time, there are a lot of trades to be taken in a volatile stock when the opportunity present itself. Check out my long term post on AMC and why $220 is my target. Let me know what you think.
NYSE:AMCLong
by Abdorhman-Thi
$EEENF Same Potential as $HMBL DD Below LT PT: .50-$1.50$EEENF since April: Now owns 100% of Peregrine Extinguished all their debt $COP in their investor meeting mentioned the surrounding oil fields which include 3BBOE Getting closer to additional core sampling results Ex-CEO David Wall doubled his position from 120,000,000 commons to 240,000,000 common shares Top 20 Shareholders (Institutional Ownership) went from 36% to 64% of the total O/S 8,000,000,000 Shares locked up for much much higher. O/S 12.5 Bil 88energy.com WALL (DAVID JAMES) Managing Director (Old CEO) Bought Jan 10, 2021 120,038,015 (Now 240,000,000) EVANS (MICHAEL JOHN) Director Bought Jan 10, 2021 32,457,145 STALEY (GEORGE HENRY STEPHEN) Director Bought Jan 10, 2021 12,808,334 Furthermore, look at insider transaction they bought last two years. Some exercise of option high as .20 cents per shares. None of the shares they bought in the recent and the past two year has sold on the open market because their isn't a filings indicated they sold. Keep in mind 88 Energy NOT a Stinky-Pinky hidden on the attorney letter at octmarket.com. Company report on the audited and review of the annual and half-year financial report, and register with the SEC. ca.finance.yahoo.com The Intelligent Investor believe if a number of insiders purchase more shares of a company, they may believe that the company will have strong future earnings and that the share price will increase in the near future. Let's not forget just recently director Exercise of option 500k .055 higher than the open market below .02 cent. If that isn't enough then checkout Elko crew drilling bought 360 million shares from 88 Energy. ca.finance.yahoo.com Debt Free: clients3.weblink.com.au Very reputable and high end banks have been increasing their positions in the company: twitter.com Overall PT by EOY around .50 maybe $1.50 by February of next year. $HMBL was at $1.50 with a 4.5 Bil O/S before the R/S and this has more potential.
OTC:EEENFLong
by StockGuild
1
CVM; A brief breakdown and review of the crazy weekDisclaimer Not financial advice, I literally wrote that gold is worthless if everyone just decides it to be so. However, I put some effort into showing what I see what I look at the action. Everything is in the picture. TradingView fix your shit so I could have done this better. Never think the shorts have to cover, Freddie Mac and Fannie Mae are proof of that, so if you enter into a fight, always be prepared to lose it. Sometimes the most striking pattern is the one that shouldn't be there.
AMEX:CVMLong
by DoctorFaustus
Who's Selling?Yesterday the long waited break of the so called uptrend was finally broken, but then unexpected things happened LOL :) Let's review the situation: 1- We are still in the sideways trading range 2- We are still in the descending triangle 3- Yesterdays short sellers are now being FOMO'ed in to buying back with a short squeeze. 4- The uptrend is broken AND confirmed with the daily close I believe the saying: "If i can see it, then everone can see it". We all saw the uptrend right? So did the Composite Man (CM) and the market makers. Let's remember the job of the market maker: provide liquidity. They look for the liquidation areas and drive the price right to that point until liquidation happens. So, where was the liquidation area when the uptrend broke yesterday? Right back in the uptrend, where it started right? Where's the price going now? CM started buying at the support level (who did not do it on 21st & 25th), just enough to stop the trend. The rest is FOMO, thanks to retail traders. Now, short sellers of yesterday are getting squeezed and forced to buy back. The question is who is selling back to them? My bullish case stands; 1- Break the triangle 2- Break $37k 3- Break $41k Until then, i'm watching in peace.
Short
by BitcoinMillio18
55
WKHS long for me!It's getting up from the bullish flag. Slightly climbing up on the support curve. Also there is a huge volume support level on ~16$ (horizontal line) Huuuuge gap to be filled (till levels of 30$) Very bullish on long term. The volume is increasing in buying! Very good fundamentals (free of debt, cash in the bank, contracts with UPS and Ryder) More than 50% of volume is shorted. More than 30% of shares are shorted. Yesterday shorts were lowered by 7% in a day! And free float stayed almost the same! Only 115million shares in total! For me it sounds like a short squeeze :O I'm going in!
NASDAQ:WKHSLong
by MateuszZakrzewski