Bitcoin / US Dollar Perpetual Inverse Swap ContractBitMEX
Description
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BTC is begging for a bearish monthly candle. Huge liqudity pool below the phantom trendline aka diagonal support. So far April monthly candle is an inside candle within the High and Low of March range. If we break this low, we will be too close to this liqudity pool. To not collect all the stops within this pool would be a big mistake from the Market Maker. If you are long, let your stop loss get hit , but don't make your stop loss too wide and don't try to buy the dip above 28k. The liquidation impulse can go below 25k.