TradingView
AD_
Sep 20, 2019 10:04 AM

How whales will use this large accumulation 

Bitcoin / US Dollar Perpetual Inverse Swap ContractBitMEX

Description

1) I am confident in the medium-term BTC decline below $ 9000.
2) But that will not happen so simple. Whales will not take with them all this SHORT traders that entered in this accumulation. So, first we go up (above $11000) - eat stop orders of all SHORT traders.
3) After $ 11,000 everyone will scream about to the moon.

SHORTS unloaded + LONGS loading by the FOMO = Ideal for falling below $ 9000.

SO
Short term: Ride to 11000 and above.
Medium term: Rough change of direction and fall below 9000.
More