BTCUSD Perpetual Contract
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Short Squeeze updated & recapped

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BTC had been bound between $8765 and $8795 give or take the exchange you are on. It lead 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. (Covered in: Short Squeeze set up to keep an eye on)

Trading off the 4 hour we had a nice swing short but it looked like it was time to close this even if you didn't go long.

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 now given up the close at $8765 opportunity you had and a new short into $9140

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

Trade alerts all are taken from the trade trend indicator I created

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