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qumatru
Aug 16, 2018 9:49 AM

Bitcoin good for a run Long

Bitcoin / US Dollar Perpetual Inverse Swap ContractBitMEX

Description

I think bitcoin is good for a run, I've been waiting to see how it handled the lows here after falling for the previous bulltrap. Don't want to make any long term calls right now, but 7.2 is the level i think we're going to with a possible stop run in the 7.4 area. Good luck.

Comment

6486 was a Pivot across multiple time frames. It didn't hold so I have reason to believe we're going to swing low again or even go lower than the previous low. Short, looking for another point of entry depending on how this develops.
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