BTCUSD.P I have a question and hoping you guys can help me out. Where can I look for legit funded accounts? I think its time to step my game up practice is over. TYIA
BTCUSDT.PBTCUSD Looks like a fairly straight forward rejection from the 200 for now, however staying aware of the potential case of it just going sideways or bouncing between the 200 & 21 until the 21 catches up and allows for a stronger attempt to push through the 200, but there's multiple key levels above that will just be tougher to push through.
If it did go for a genuine run I'd expect it to be a rip and tear with big volume, but there doesn't seem to be much of a catalyst for that scenario as of yet. Last hourly candle was looking good, but closed really nastily.
Bullish case would be getting back into the 97's and seeing a bit of a squeeze. Would probably want a significant amount of fresh money longs entering alongside any potential squeeze.
Still feeling fairly comfy in my short though but like mentioned yesterday staying aware of the higher high into higher low structure we've got, looking for that structure to be invalidated & the low to be taken relatively soon.