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dovahcrow
Sep 17, 2018 7:13 AM

XBTUSD major dump Short

Bitcoin / US Dollar Perpetual Inverse Swap ContractBitMEX

Description

Some whales want a dump, but the others haven't finished their distribution process, so they are keeping the price in a range.

Expect a major dump after the rest of whales finish the distribution process.

Trade closed: target reached

Comments
Rohit_Shinde
HOW DID U KNOW BEFORE THE DUMP .....AND DUMP HAPPENED
dovahcrow
@cryptotrade89, you need to know how these whales are thinking. Just imagine you have a large account and all of them are in BTC now. Suddenly some other whales are dumping it. What's your reaction as a whale then?
Rohit_Shinde
@dovahcrow, exactly i will do the same ...bt wht things u observe to get dumping indication
dovahcrow
@cryptotrade89, I don't exactly know when it will come but I know it is impeding because of long wicks on these bearish big volume candles.
Rohit_Shinde
@dovahcrow, by the way great observation
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