Category: Tether (USDT)

BTC Short, expanded flat completed

BTC bounced a bit unexpectedly at 9300, there’s a possibility that whales saw the very low volume and took advantage and squeezed some shorts who put stops just above 9700. Now an expanded flat (3, 3, 5) correction has completed and whales reloaded their shorts a bit so we are ready to continue to next leg down to the green box.

Hidden bearish divergence on the 1 …

This article was originally published on: The Tether Blog on