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EylemCulculoglu
Jun 6, 2020 10:49 PM

Prepare for 8900 Short

Bitcoin / US Dollar Perpetual Inverse Swap ContractBitMEX

Description

Bitcoin has counted green 9 on according to Tom Demark count on the weekly chart. Stoch RSI is overbought on the weekly chart as well.

I expect the price decline to continue. There is a potential till 8900.

Trade closed: target reached

Comments
Wingbender
Great... How can we use this boring indicator? I couldn't find... Can you help?
Anti_FOMO_Day_Trader
Great volatile movement probably will come with the weekly close, but i think both sides are still possible. I advise to consider narrowing triangle in the daily and weekly charts. Btw nice chart, thank you.
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