Squeezing BTCUSDT Preparing for Next Move!

May 2, 2020

All info can be found on the chart.

May 2, 2020

Trade active

Aaaannddd. BTC Is on the move!



I opened a long position.

May 2, 2020

Note

It's so incredibly nice to see these psychological levels being confirmed again and again.



This time the 9000 level got a super strong confirmation, pay attention here. Because these levels allow you to earn so much money.

But, I am still in a long position and in this case it wasn't positive that the level played out so nicely ;). Because a strong rejection pushed us down. The stop loss was not hit, but many shorters have been squeezed out of the market, so the next rally will face significantly less resistance. I am still keeping the LONG recommendation.