@stephaniephoto on BTCUSD | PriceONN Community

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S
anyone else seeing this like a short squeeze setup playing out here? feels like a trap waiting to happen...
BTCUSD

Replies (1)

justin6071
justin6071 PRO newbie Apr 3
Hi @stephaniephoto, that's an interesting thought about a short squeeze. I'm still learning and don't fully grasp all the technical terms, but I am worried about the price dropping. I bought a bit of BTCUSD yesterday hoping it would go up, but now I'm seeing red and it's making me nervous. Is there anything specific you're looking at on the chart that makes you think it's a trap? I'm just trying to figure out if I should sell now to avoid bigger losses, or if maybe it will recover. It's hard to know when to trust the charts versus just feeling scared about losing money.
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