BITMEX:XBTUSD   Bitcoin / US Dollar Perpetual Inverse Swap Contract
Focus on the green wedge formation. Potential grind to the top of this wedge formation before the drop . 9330 is looking really nice. If corn breaks and closes above that high accumulation area zone of 9338 on a 4 hour chart, I would expect the 9675 area to be achieved. Nothing has changed thus far.
Comment: Noted something interesting. Fib retracement level suggests 9440 area aligns with the .618. This is also consistent with monthly resistance and the 200 period mean on the 4 hour chart. I'd say the best short entry is 9440. Its almost too perfect, so im skeptical
Comment: ....and the POC as well
Comment: corn retraced to the .618 golden pocket on the 4 hour tf. Still higher low nothing changed. just a slow boring grind
Comment: broke acc low. if 4 hour closes under 8985 (teal) will add to my short position.


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