We probably had our last upthrust, Road to 8.7K Short

Bitcoin / US Dollar Perpetual Inverse Swap ContractBitMEX

Description

⋅ Jul 4, 2020 10:07 PM

With thin order books and low volume, price rapidly increasing to almost 9.2k. It was probably our last upthrust. High leverage shorts also got squeezed out. Now we can drop to 8.7k to 8.55k

Trade closed manually

⋅ Jul 9, 2020 11:43 PM

Closed breakeven, this one's gonna be long.

Technical Indicators

Comments

UnknownUnicorn5584112

⋅ Jul 6, 2020 7:52 AM

That indicator is redrawing

Attrition

⋅ Jul 10, 2020 9:22 AM

@deppengu, There is a different color for "unconfirmed and "confirmed" waves so it might turn an unconfirmed and merge it with the previous wave to extend it if the reversal doesn't come.

GlobalTrader_

⋅ Jul 4, 2020 11:07 PM

Whats with the fake pic?

GlobalTrader_

⋅ Jul 10, 2020 1:57 AM

@GlobalTrader_, me too