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qwerty123asd
May 30, 2022 6:07 AM

Potential Short Squeeze  Long

Bitcoin Perpetual FuturesFTX

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Potential Short Squeeze in play; must cross above the local resistance (~30700). I believe there is a substantial amount of stop losses at the red dashed line which would cause a cascading short liquidation. If it shows weakness after/if it crosses above I may look to exit early.

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1 last resistance to break? I don't think it will have trouble going through the yellow circled level when/if it reaches there

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unclear for now. Will wait and see before adding/chopping

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