High potential energy, but little implied direction

(COINBASE:BTCUSD+GEMINI:BTCUSD+KRAKEN:BTCUSD+BITSTAMP:BTCUSD)/460

(BTCUSD+BTCUSD+BTCUSD+BTCUSD)/4Coinbase

Description

⋅ Sep 9, 2019 3:24 AM

today is looking pretty ripe for potentially high volatility. While a downside makes more intuitive sense, there's little reasoning to back up the play other than a good risk to reward ratio and a sustained long term structure.

Play safe!