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Slaveof9
May 21, 2018 12:24 PM

BTC 4HR FRESH ! Short

Bitcoin / US Dollar Perpetual Inverse Swap ContractBitMEX

Description

HAPPY TRADING GUYS

Trade active

Comment

short at 0 - 0.25 FIB STOP LOSS ABOVE C

Comment

EXPECT TO SEE A TEST AT AROUND 8800 LEVEL BEFORE REJECTION

Comment

So far the rising wedge and a Mechanical pattern play out nicely. Big Congrats to those who short at 8589, target for that short would be 7708.5.

Comment

1 target reached
Comments
Slaveof9
So far as expected, i would like to see a small bounce from 78882.5 area before another drop to 7708.5 target.
Slaveof9
@tarnschaf thanks man for your comment. I would say its a rising wedge, hope this Mechanical setup fail and we MOON!
tarnschaf
i'd support this upward channel, however, sorry but I'm not able to see a valid ascending wedge here, since the upper starting point is taken from the temp downtrend
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