xTako

Your best opportunity here, thanks to leverage flush this am

Long
What happened -

There was a Crypto Long leverage flush this AM. This wiped lot of high leverage positions and cooled down the funding rates across the board.

What's in it for me -

Thanks to these leverage flush, you have the best gift available to long the alt coins right now. 28.6 key level was taken in the flush and it is being reclaimed.

I will bet huge sums that this is not going below 28.6 again.

What trading system is this -

  • Things in this world trade to different bases.
  • Alts trade to BTC.
  • As you might have seen, I have other charts where I examine BTC to SPX.
  • The weekly and daily levels become key.

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.