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Riester
Jun 5, 2020 2:56 AM

BTC Short to 9550 Short

Bitcoin / US Dollar Perpetual Inverse Swap ContractBitMEX

Description

1. Volume has died as we approach the dynamic resistance at ~9850
2. 4H stoch is oversold and prime to reverse
3. 4H stoch has hidden bearish divergence
4. Visible Range indicator shows point of control (lots of liquidity) at ~9520
5. 55 EMA @ 9550 is next obvious support

I'm shorting.

Entry: 9820
Target: 9550
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