BTCUSDT has been in a tightening range for too long!
As we have seen in the past, the longer BTCUSDT stays in a tight range, the more explosive the move. Our indicator printed a short, and has us in a comfortable position with a nice R:R.
My gut tells me that the break will happen real soon and when it does, prepare for a $1000+ candle.
Position:
Short - $9,319.72 Stop - $9,580
1st Target - $8,590 (Taking half off and letting the rest ride)