Osirustwits

Short Squeeze set up to keep an eye on

Long
Osirustwits Updated   
BITSTAMP:BTCUSD   Bitcoin
Currently BTC has been bound between $8765 and $8795 give or take the exchange you are on. It leads me to believe a break out over and above $8795 should put many shorts under water a candle close over $8824 should initiate a full short squeeze. It has been a minute since we had one of these so looking at alot of energy and volume to make this happen otherwise it will be short lived.

Trading off the 4 hour we had a nice swing short but it look slit it time to close this even if you don't go long.

This is not investment advice as always just infotainment for your edutainment

Discuss thoughts and opinions below
Trade closed: target reached:
On the shorter 15min candle we had a nice $130 move with some leverage you made out well long term you still in this but I would keep an eye on it and volume.
Trade closed: target reached:
The short from $9184.86 was attacked if you didn't do as the conversation said best to close out and reenter into a spike you have no given up the close at $8765 op you had and a new short into $9140

The #VoodooWarlord and MSQO are the driving factor for all #BanterBucks trade ideas. They are based on 27+ years of trading experience to help guide trades. Not financial advice, edutainment.
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