Bitcoin / US Dollar Perpetual Inverse Swap ContractBitMEX
Description
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2R risk, cautiously watching the next few hours as CME closes. will update if exit early
Comment
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hard to be excited with the last few hours, we’ll see what the daily close brings us
Comment
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nice to see some movement on daily open however not as explosive as I thought. Open interest has been hanging around a billion dollars on bitmex since at least this morning so rather confused on market sentiment as we have been hanging around upper 11ks with indecision, the longer it takes to make a move one way or another the more I think that move will eventually be down but staying in positions for now
Trade closed: stop reached
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stopped
Comment
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should note that overall trend for now is still up just a poorly timed trade, technically should wait for a break in consolidation one way or another before hopping in again