BTCUSD november 11

BITFINEX:BTCUSD   Bitcoin / U.S. Dollar
A long against the trend is a riskfull play. Always have a tight stoploss.
Personally I don't recommend a long..
But if you like to life on the edge!

It might be a better option to buy on the breakout
We cracked a descending triangle. Normaly we shoud drop as much as we went up
RomanoRnr CryptOrca
That's not a reason for me to short yet.
I'm not really a fan of those dynamic bottom support lines.

Usually they clear out those lows, and drive prices back up. That's usually how big players get people out of the game.
makes sense but the orderbooks are pretty thick, looking on finex shit is gonna make an effort to crash. also target squeeze is way to high, I am thinking more of a 375-380 tops before people who shorted around 350 start to get stoplossed
+1 Reply
RomanoRnr Lord_Ashdrake
Yeah the squeez target might be a little to high :(
Let's see what happens, lots of margin calls today
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