Inverse Head and Shoulders for Bitcoin
would love nothing but this idea to play out for #BTC !
INVERSE H&S pattern; trapping TONS of leveraged positions since Fridays market close. With this move panning out they have wrecked a lot of positions with the <6% swings (if on 20x leverage you are super liquidated without additional margin or adding to position depending on the area entered)
Starting to think of building a long position around here.
With price targets at liquidation points for leveraged shorts that are beginning to get greedy. (75k area)
INVERSE H&S pattern; trapping TONS of leveraged positions since Fridays market close. With this move panning out they have wrecked a lot of positions with the <6% swings (if on 20x leverage you are super liquidated without additional margin or adding to position depending on the area entered)
Starting to think of building a long position around here.
With price targets at liquidation points for leveraged shorts that are beginning to get greedy. (75k area)
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