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zmaniac17
May 23, 2020 5:16 AM

9300 again BTC Short

Bitcoin / US Dollar Perpetual Inverse Swap ContractBitMEX

Description

Here we are. If we dump here it looks pretty bleak. I don't expect the recent lows to hold if it does start losing support here after rejecting 9300. We failed to make a new high after falling below the previous move to the high. On the other hand if this is gained it's a pretty positive sign for longs because that means there's real demand here. I'm not getting my hopes up. I'm currently short.

Comment

We held support so far. So I took some profits on my short and moved stop up.

Trade closed manually

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