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BitmexDegen
Aug 26, 2020 5:12 PM

Btc short Short

Bitcoin / TetherUSBinance

Description

The previous long has come to an end here I believe, SCMR indicating local top and heavy absorption of buy side.

Shorted 11.522 on perps (using Binance chart here since it's cleaner)

Comment

Update: BB Bot now confirming with short signal on H1

This short is bit of a grind but things usually play out into the daily close

Trade closed: target reached

WIth the retest of local low the target is reached and short fully closed.

Spike to the upside came on Powell speach but went straight back to normal.

Looking to snipe an entry to the upside from here
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