Don’t short BTC... We may pop to 11k real fast. See why.
Hey guys, my trade idea today had us popping up to 10800 and checking resistance again...
The biggest thing that is telling me that we are on the verge of popping up hard is the fact that top accounts on Binance are super short right here. And the market usually violently responds to big money herding all in one spot... Price action will tend to go radically the other way.
DONT SHORT THIS. Just go long and stay long even if we retrace some back to 10600 area. It’s suicide to short this right now.
Plan a short trade at 10950ish instead...
The biggest thing that is telling me that we are on the verge of popping up hard is the fact that top accounts on Binance are super short right here. And the market usually violently responds to big money herding all in one spot... Price action will tend to go radically the other way.
DONT SHORT THIS. Just go long and stay long even if we retrace some back to 10600 area. It’s suicide to short this right now.
Plan a short trade at 10950ish instead...
