I estimate that Bitcoin would slightly move down, and then I would go long.
My further steps:
1) At Bitfinex - two pending orders: long at 6166 and 6266;
2) At Bitmex - one pending order: long at 6166.
TP at 6666.
SL at 5900.
Leverage 2x-5x.
My further steps:
1) At Bitfinex - two pending orders: long at 6166 and 6266;
2) At Bitmex - one pending order: long at 6166.
TP at 6666.
SL at 5900.
Leverage 2x-5x.
Trade active:
At Bitmex long triggered at estimated level of 6166. TP at 6666 (in case of upward break-through above 6700-6800 I would manually trail stop). Current SL at 5900.
Trade active:
At Bitfinex long also triggered at predicted level of 6266. TP is the same 6666 (in case of upward break-through above 6700-6800 I would manually trail stop). Also, SL both at Bitfinex and Bitmex is 5900.
Trade closed: stop reached:
SL at 5900.
Though I opened new single long at 5590 at Bitmex. SL at 5390.
Though I opened new single long at 5590 at Bitmex. SL at 5390.
Trade closed: stop reached:
Crazy. Bitfinex falls to 5320. I am out. Would better wait until it all calms down.