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VentureBroker
Jun 1, 2020 6:21 AM

XBTUSD possible short Short

Bitcoin / US Dollar Perpetual Inverse Swap ContractBitMEX

Description

Good morning, well I mean... Anyways, as you can see on the graph, last month we saw a doji candle ( two in fact), approving of a trend reversal which it obviosly did, causing XBTUSD to go further down. As you can see on the right-hand side of the graph, we can see that a similair looking pattern is emerging, which could just about hit the resistance line, provided it shows a doji candle, or any other trend reversal pattern, we could see another short.

Remember do not use this as final advice to invest your money, but as a guide. This is just an idea.
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