Zeekii

Dominance: 50.8% Volume:4,921,592,617 Looking at the BTC Shorts chart on Tradingview, they seem really overextended when they reached the 2nd highest level ever. The previous time this happened, we had a massive short squeeze and a bounce in the price. RSI is showing divergence with the price levels of the past few days and rejections have not really led to much lower prices in BTC. Buying volume has been picking up the past days and we see an ascending triangle pattern with flat top of 6500-6600 region. Been buying the dips at 6200++ and flipping them quick with each failure to break out at 6500-6600 for small profits and small size to reduce risk as i play counter trend. I continue to watch the 6600 region carefully for breakout to buy into the strength up with a target of 6800-6900. The market likes to go against what the herd does. in this case, more shorts than longs. if it was so easy, everyone would be rich no? SL will be the lost of the higher lows on the 4hr.

Volume: 4,047,850,000 Dominance: 50.8% Too many red days on the daily in a row. RSIs are close to oversold. With this big a drop, I am still looking for a bounce to around 6700-6800 before continuation to the down side. Recently the oversold bounce plays have been working well.