If you look at BTCUSDSHORTS (Orange) vs. price action, you will notice that at extreme levels, price action does the opposite. Note when we were approaching $20K, there were an extremely low number of shorts. This is in support of my red wave 2 Circle in this chart and previous ones. We still have more downside. Around when wave 2 Circle is nearing completion, I would expect BTCUSDSHORTS to jump up, maybe even to an extreme level. Wave 3 Circle should be strong.
ปิดการเทรด: ถึงเป้าหมายการทำกำไร:
Short target reached, within a couple of thousand. With the low number of BTCUSDSHORTS, we still may see $6800 area for THE low. The upside is great and now looking at long positions.