RedAndBlue

BTC USD - CT Idea #1

Long
RedAndBlue Updated   
BITMEX:XBTUSD.P   Bitcoin
It is possible that BTC-USD will range within the green box, before going up again.

Pink histogram shows start of accumulation period.

Longs & shorts are low. Longs are almost equal to end of April 2019 - early May 10th 2019.

Bars are below EMA 55, which is very tempting to short.
Comment:
Price jumped from 7800ish to 8000ish.
Comment:

Price seems good. BTC seems still bullish.
Comment:
Still in backwardation. It's been 7 days.

Comment:
A little bit contango now

Comment:
A little bit contango now

Comment:
Still in backwardation.

Comment:
Contango

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