Bitcoin / US Dollar Perpetual Inverse Swap ContractBitMEX
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Their is an excellent chance we push up from here, although I dont think it will happen until day candle closes. The most probable path I see is day closing at $10120-$10150 followed by upward movement to at least $10400
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Our first support which has been holding up very well is between $10150 and $10200. If that support was to be defeated we would likely see a retest of our major support area between $9500-$9570. So if we do fall below $10,000 i highly suggest some orders at $9500-$9600
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Im no longer certain we will fall any lower for daily close, its still a decent possibility but i got in at $10200 with 20% of my normal position and will move 30% more in as things play out. Daily close looking like anywhere from $10,050 to $10,350 at this point and upward post day close. So long is the play IMO but if we look like we will break support at $10,150 at any point then close out and wait with orders down at 9.5-9.6 no need to short and risk money from $10,100 to $9600
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Starting to look very likely that we may even begin a jump up before daily close. How far up we go in each 30min candle will increase the likelihood of a jump Starting at likely 30min before daily close, which is 1h23m away.
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I expect a whole lot of up and down, sideways For at least the next 6 hours. Still high probability of going up once we do move