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AlphaMex
Jun 24, 2019 6:39 PM

Very possible situation Short

Bitcoin / US Dollar Perpetual Inverse Swap ContractBitMEX

Description

This is just a note for study usage, not a trading advice.
Comments
awaxdasa
The volume of the total BTC market is getting lower.Correction may on the way.
WhiteBassFisher
Totally agree, unable to break through with high volume and momentum, then the rest is just bluffing.
ICEKI
Elliot Wave study? I believe it; let sit back relax and see =D
AlphaMex
@ICEKI, when the bulls are dominating the market and they can't break it with the highest volume, I don't think the small one will lead to a break out without any new factors involving


If wrong, I am willing to pay the price for this lesson..
ICEKI
@ScarlettWang, Be honest Scarlett you're such a boldy trader as I seen at TV; You actually mentioned the main 2 points for today bitcoin market (Bulls dominating and highest volume) but I truly admired of what your decision; Good Luck and wish your make a correct bet and Happy Trading =D
AlphaMex
@ICEKI, :P happy trading :joy:
Scygon
@ScarlettWang, Be careful. If you look at 4 hour, it has formed an ascending triangle almost perfectly. Part of the pattern is declining volume inside the triangle. Major volume will come on the break of the triangle. It looks bullish to me.
AlphaMex
@Scygon, indeed. Scary!!! ~
Scygon
@ScarlettWang, Don't get liquidated if we go to 12k :)
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