Bitcoin / US Dollar Perpetual Inverse Swap ContractBitMEX
Description
⋅
just a quick analysis on the daily chart, using my 2 fav indicators, SKMDCP a good accuracy rate, and given that 100 sma just broke yesterday i take it as a confirmation that it should keep moving towards the 200 sma, on the other hand, SKMSB is intended to be used as an entry point indicator, and not as an exit one, so after a good entry signal, i would expect people to have exit already, so i can foresee a good entry point if we wait for a bounce zone to form between the 200 sma and the green line near the "beach". so both indicators are pointing toward a drop to the 6000s and hopefully a good bounce up from there.