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UnknownUnicorn3691157
Aug 21, 2019 5:33 AM

XBT - Down Short

Bitcoin / US Dollar Perpetual Inverse Swap ContractBitMEX

Description

Check out the last chart!



I expect a small bull wave and then another dump. We can short it on 10580 and put our stop loss a little bit above 10845. The target is 10075 and price can range a bit here (or maybe even an impulse move). After that, I expect a dump to 9545.

Comment

OH yes :D
Comments
nagihatoum
please can you explain why you expect such a move?
UnknownUnicorn3691157
@nagihatoum, Bullish or bearish sir?
nagihatoum
@TopTradersGuide, first chart, kind sir.
UnknownUnicorn3691157
@nagihatoum, Tnx :D
Because we are bearish in the daily time frame and 4H but 1H and lower time frames are bullish. So we will make a bull and a bigger bear wave. We have a short term long position now. check it out sir.

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