Bitcoin / US Dollar Perpetual Inverse Swap ContractBitMEX
Description
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Chikou Span (at the red arrow) is in Ichimoku cloud right now, so BTC is not yet breakout successful. 8500 is really a very strong resistance level, and in history BTC can't get over without correction at this level (this doesn't mean history is always true). But we need to see BTC make a correction at this level before bull-running. Because, if BTC get over this level without correction, it will make a F.O.M.O signal and money will be flow in this market too fast, this will put BTC in loss-control mode, this is really not the thing Sharks want to. So, Short at 8500 with under 20% of your budget and keep stop-loss at 8650. Hope this analytics will help you successful
@dongrui, It's too soon to hope BTC could touch 10k. Because investment groups don't wanna buy x4 price as this time of last year. So stay tune. But I'm agree with your red arrow :) Maybe you're VNese ?
Ronnie_Dong
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@VHTChannel, I quite agree with you. Let's keep waiting. I am Chinese