ft-73

Longs vs Shorts: either way, something massive is coming ...

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BITFINEX:BTCUSDSHORTS   BTCUSD Shorts
Monthly chart: longs broke out and close to recent highs. Shorts compressed within a triangle. Something massive is coiling. Massive.
Good luck and be careful.
Comment: Update: what a show ...


Don't forget to place a SL, enjoy the fireworks
Comment: Breaking through highs, so far.
Next (and last) reference is BTCUSDLongs 2years ATH, dating back to March 2018.


This market is extremely stretched, this is calm preceeding the storm.
Extremely hard to predict what's coming.

If you're positioned , either way, remember to place your stops accordingly.
Comment: Technically even last high was taken out.


Unprecedented situation, since mid 2017.
Comment: Impressive.


Be prepared.
Comment: This is Ichimoku on weekly:

To get on the safe side bulls need to move quickly to 8500$ and to break it out.
While the former option is still possible, i'm not sure about the latter.
Mostly it depends on volume.

Anyway, the next 72 hours, up to weekly close, may bring signals either way.
Once again, whatever your position, don't forget to protect or hedge it.
Comment: No words.


This is nothing, a move of an order of maglitude higher is coming.
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