Bitcoin / US Dollar Perpetual Inverse Swap ContractBitMEX
Description
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Trade: Long Entry: From 6000 USD and above SL: 5850 Target 1: 6400 Target 2: around 6900 Can go higher.
Good luck!
Trade closed: stop reached
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Looks like we are going down for more. Hope everyone was disciplined with their stops!
Perhaps a double bottom or a bounce off the 0.618 as always, at 5k?
Comment
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Looks like whales are having lots of fun. Another pump with volume at 5700, we might not be going down further after all. I will continue to assess the situation but it seems like this trade is still viable for a second try from 6k
Trade active
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Forgot to update but I made a second try re-entry at 6k and so far we seem to be on track! Go BTC Bulls!
Trade closed: target reached
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Missed the final target, taking profit at Target 1. Overall a winning trade, will do better next time!