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MoonCatz
Jan 12, 2019 5:13 AM

BTC Short  Short

Bitcoin / US Dollar Perpetual Inverse Swap ContractBitMEX

Description

Support trend line broke as expected and closed at 0.382 fib. ($3620).
Now forming a little ascending channel with RSI oversold. I expect a small bounce to $3700-3800 (trend line retest + 0.5 fibonacci level) before heading lower. This might be a good spot to place some shorts.
Comments
MoonCatz
edit: I didn't mean ascending channel. *bear flag
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