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AlanSantana
May 16, 2020 3:37 PM

Bitcoin 8X Lev. Trade W/ Over 290% Potential Profits 

Bitcoin / US Dollar Perpetual Inverse Swap ContractBitMEX

Description

Here we are SHORT now with XBTUSD (Bitcoin) and we are going on 8X... Let's have a quick description of the above setup.

1) First, we have the higher low which we mentioned in previous articles.
2) Prices are now trading below EMA10 and we have decreasing trading volume, going lower and lower.
3) A recent rejection of prices while they tried to move and close above EMA10.
4) We are seeing long wicks pointing down.

These signals are telling us of a possible drop.
We also have the moving average lines moving below XBTUSD, prices tend to gravitate towards these lines.

  • We are active on this setup with 8X lev.
  • The total potential profits sit at 290%.


If you would like to see the full trade details (buy-in, targets, stop-loss, Liq. price, + additional information), make sure to hit LIKE. We will share the full trade at 200 likes.

Thanks a lot for your continued support.

Feel free to leave a comment if you have any questions.

This is not financial advice. Always build a plan if you decide to trade.

Namaste.
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