Bitcoin / US Dollar Perpetual Inverse Swap ContractBitMEX
Description
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Well...I hate trying to call a bottom especially with the entire market looking so weak right now but I can't help myself...I think bitcoin needs to bounce before it cand continue to dump so I am going to make a speculative play here. Long bitcoin based on 1 hour volume and rsi divergence, tight stop loss. Let's see what happens.
Comment
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Well, we were right about the bounce...let's see if we can hit target....SL moved to break even.
Comment
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We could be printing a inverse HNS which is usually a reversal pattern...now this would be a very nasty looking HNS but it does have the same FEEL to it...let's see what happens