BTCUSD - One Massive Short Squeezer

26 jul 2021

Hello Traders

Always remember - you're trying to beat the Market Makers. Markets were originally designed as a cash injection for the economy, for governments, for banks, pension funds, investment funds etc. NOT FOR YOU.

Watch this video for a little trick on counter-counter-trading.

Another video below with more educational content.
You're welcome,
Ev

26 jul 2021

Nota

Risk wise, you get multiple styles of trading. Not even to mention how much it depends on your goals, your entry points, your time frame etc etc. With that in mind, the technicals are looking good at this level. However, I would be cautious to trade any type of squeeze. They are meant to be deceptive. I (personally, as Evelyn) would feel much more confident that we are heading back to 50's if we can close some candles above the 40k. Reason being, the 0.382 fib hardly shows any resistance. Same cannot be said for 0.5
Until we conquer 40k, I'd be cautious. Once again, I'm simply providing market updates.