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AmpFury
Jul 8, 2020 6:13 PM

Bitcoin Daily Expansion Phase? Short

Bitcoin / TetherUSBinance

Description

BINANCE:BTCUSDT

Is Bitcoin chewing up orders and liquidity in a bearish expansion phase or have we just packed our bags to the moon?

Right now a whole lot of shorts are being squeezed and stopped out, meanwhile a whole lot of long stops are building up under the previous consolidation area.

I'll be watching price on the 4H and 1H in hopes of riding a short order back into at least the consolidation area.

I'll post any lower time frame set ups i see and take.
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