TradingView
LoyalLobster
Aug 3, 2018 2:26 AM

BTC Short - Has it ever been this easy? Short

Bitcoin / US Dollar Perpetual Inverse Swap ContractBitMEX

Description

Volume is virtually non-existant between current price and next support (6700s). Breaking this High-volume node will render an easy short.

Comment

Doing great so far. We could be on path to a reversal if we get to break 7200.

Comment

Nailed it.
Comments
LoyalLobster
Even though RSI suggests it's oversold, it is not very reliable during these swift changes. You can see the bearish divergences creeping up.
More