Bitcoin / US Dollar Perpetual Inverse Swap ContractBitMEX
Description
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Calls are all over the place. From 6k to 1.2k to 0... How low the wedge will fall we will see pretty soon. I am just practicing my EW count. Looks like I was wrong and it wasn't diagonal triangle type 2, but it was diagonal triangle type 1. If so, there will be no significant bounce at this time (relative) and we are on the way down...Not an advice to anyone.
Comment
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Well, to me looks like 6620 could still be possible.
Comment
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Possible is not probable. Better not take risky trades ;)