Bitcoin / US Dollar Perpetual Inverse Swap ContractBitMEX
Description
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You can short Bitcoin (XBTUSD) based on the following signals:
Bearish engulfing candlestick pattern.
Trading below EMA5/EMA10.
Bear volume dominating.
Bitcoin bearish on higher timeframes.
MACD and RSI bearish.
Stop-loss: Full candle close above $10,111.
Targets: $9,500 followed by $9,000-$9,200.
Enjoy the profits as the come. Make a habit of securing profits (sell and put some money aside, always, that can be used to cash out, new opportunities, etc).
This is not a piece of trade advice.
Trade at your own risk.
Leveraged trading is high-risk and for advanced/experienced traders only.
All the information shared by Alan Masters is intended for entertainment and learning purposes only.
Thanks a lot for your continued and amazing support.
Namaste.
Comment
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First target hit at ~$9500.
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We shared a trade three days ago for EOS on BitMEX (EOSU19) and it generated over 69% profits already... Take a look at it here and see if you like it...
If you do, leave us a comment... :)
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IS PAIN NECESSARY FOR GROWTH?
Of course not.
You can grow endlessly and to the infinite in pure love and bliss.
Pain is a feeling that can be enjoyed, like everything else...
But like everything else, is also a choice.
Is pain necessary for growth?
Only if you believe that living in suffering is growth.
So no... Pain is not necessary, you can achieve everything you achieve with pain utilizing the feeling of love.
You will receive all the same benefits, plus so much more.
So instead of accepting pain as part of your Soul growth, start loving yourself and see how everything goes.
Namaste.
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OmiseGo Full Chart Analysis + AlanMasters TOP Signals Detailed
great analysis bro, do also consider the daily chart, 9800 is a major level to watch, if we break it than most likely we could see the drop towards 8000-7800 in coming days, have a look at my latest post
There was a bearish engulfing on the 4HR chart on July 17, and the price went up significantly thereafter. Candlestick patterns work out best on higher time frames, such as the Daily. Location on the chart is also important. For example, if you see a bearish engulfing candle at a major resistance line or at the price level of a recent high, then there is a high probability price will move in favor of the engulfing candle. Otherwise, such candlestick patterns should be taken with a grain of salt.
TradingSafely
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Interesting!
Currently we bounced off soft support at 9600 and we are currently testing soft resistance at 9900.
I am currently in a short position and up 5%