Description
⋅ good afternoon,
btc is currently in a pretty tight squeeze
the order books are packed out with large buy \ sell orders in this local range.
one side is going to lose, and a big move is going to take place.
my bias is a move up to 40~40.5k
might stay in this squeeze until tonight before it pops.
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it could very well break down as well, so a tight stop is in place near the bottom of yesterdays daily low.
ps. if you have followed along for awhile, you'll know what the hammers on my chart indicate.
🔨🔨🔨🔨
Trade active
⋅ Trade closed manually
⋅ too risky,
not worth it anymore
Comment
⋅ im sure it'll still get to my upside target, but i dont like that it broke structure the way that it did, therefore im out.