BTCUSDT Perpetual Contract
Short
Updated

Looking for a short position around 23,800

188
If we hit 23,800 roughly, I think we will be forced down creating a lower low. It will also mark the ending of 5th wave and deny 200MA cross over. I can't see MM not allowing longs to pile up at this area to rug.
Note
not sure what i was talking about with the 200 ema, but this has been on point

Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.