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jy2tradez
Aug 28, 2019 12:31 AM

BTC to 8500 Short

Bitcoin / US Dollar Perpetual Inverse Swap ContractBitMEX

Description

Trending down, multiple closes below the daily 50EMA, fibs are lining up. Still have gap to fill in CME Futures around 8500. This is also about where the daily 200EMA sits, this hasn't been re-tested in a while. Strong support at 8500, I don't see it going any lower.

Comment



Looking for a retest of the 78.6 region around 9740 before we continue to drop

Trade closed: target reached

Comments
jy2tradez
jy2tradez
@jeremyluce, watch the CME BTC! chart. waiting for a solid/complete candle closure below the 50 before we drop
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