LijiLe

Interesting patterns repeating again and again

BITMEX:XBTUSD   Bitcoin / US Dollar Perpetual Inverse Swap Contract
charts says everything. A bigger bounce is going to happen before the capitulation happens
Comment: rsi showing 4h divergence, maybe last drop to 3300, a tiny relief rally will happen soon
Comment: Didnt fill the order, missed 40 dollars..the target of this bounce is around the red box. I dont think we can create a higher high to go through the red box based on the volume we see it. This is just a corrective wave before we head to new low
Comment:
Comment: The bounce looks even weaker than i thought. There are 30% of buying pressure for ETH is from leverage on bitfinex. Its not sustainable. Be cautious with long. Bull not staying above 3600 is a red flag for me
Comment: not staying above 3600 is a red flag, btcusd long/short is at historical high during the market, a significant drop might come. stay safe.
nice work
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awesome!
l love this type of view
I hope you post often!!
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letsgo
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