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EylemCulculoglu
Nov 28, 2020 1:16 AM

Prepare for 16K Short

Bitcoin / US Dollar Perpetual Inverse Swap ContractBitMEX

Description

Bitcoin has broken the daily MA20 and gave a red 3 according to Tom Demark count on the daily chart. I expect the pullback to continue to at least 16k. If 16K breaks it can retreat till fib 0.618 level at 14456.

Here is my trading idea:

Bitmex XBTUSD Short @ 17130-17000 TP1: 16850 TP2: 16500 TP3: 16300 TP4: 16100 TP5: 16010 SL: 17900
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