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bdmcnr
Jan 2, 2020 8:03 PM

It's a Short Captain Obvious! Short

Bitcoin / US Dollar Perpetual Inverse Swap ContractBitMEX

Description

Few people look at the monthly chart anymore. Stop being a BitMex degen and short this ponzi on every scamwick up. We are in confirmed bear market, should continue through this range close to 5k and possibly break lower! It's a short sirs and mams! :P
Comments
SchultzeTrades
Nice work :)

You might do the same with a logarithmic basic, so that the start of the trend doesn't get squeezed, with those important details of data points added you might find a trend that differs from your analyses.
bdmcnr
@SchultzeTrades, I will look into this, I have seen a few logarithmic charts for these larger TFs, but have not looked into them further. Either way, this needs to find a bottom and we aren't even close yet IMHO. Thank you for your input!:)
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