Price is relatively low, looks like good place to accumulate
Price is relatively low, looks like good place to try some long positions. We are still in sell trend so be careful, build some low-cost pyramid with good RR ratio, at least 3:1.
My setup will take some Bitmex founding cash for sure, still more shorts than longs. I accumulated some contracts at 6034-6118, SL under 5900, be aware of big red candles with huge momentum, don't SL too thigh.
Will close the deal around 6400-6500 or sooner, depends on how market will behave, then we probably still heading for 4800-3600$.
Don't waste your fee money on Bitmex liqudation - open some stop market position over your liquidation price.
My setup will take some Bitmex founding cash for sure, still more shorts than longs. I accumulated some contracts at 6034-6118, SL under 5900, be aware of big red candles with huge momentum, don't SL too thigh.
Will close the deal around 6400-6500 or sooner, depends on how market will behave, then we probably still heading for 4800-3600$.
Don't waste your fee money on Bitmex liqudation - open some stop market position over your liquidation price.
Trade active:
LONG AT:
-6034
-6063
-6085
-6096
-6105
-6118
-6034
-6063
-6085
-6096
-6105
-6118