Bitcoin / US Dollar Perpetual Inverse Swap ContractBitMEX
Description
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Not alot to say outside of what the chart clearly shows you. My predictions played out exactly as I predicted in last 2 posts about this reversal. I am no longer certain about the red candle today on daily like I predicted in part 2 if we we closed at $9600+ yesterday which we did. Im only feeling 65% certain about a red candle today now but I believe that whatever happens in the current or next 30min candle will say alot. If it breaks down like I think it will then I believe we will stay in the down channel that we are currently in for the remainder of the day. And continue up the following day (although theirs a 25% chance we have 2 red candle days before green again)
Comment
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It actually looks to me like we will go up here and not fall below the trend line. That wont mean that the day ends ip green though. The 12hr candle will be a very likely dropping point if we continue up right now. If we don't start dropping hard right after the 12hr closes and still continue up for 1hr+ then look for another $300+ by end of day