BITMEX:XBTUSD   Bitcoin / US Dollar Perpetual Inverse Swap Contract
BTC's volatility has been decreasing day by day and today I was struck to see ranges of less than 0.2% on the 1HR Resolution.
In the financial markets I have traded, these triangles will result in a sudden spike of the Symbol.

Am no long or short bias but limits and stops will be a go-to.

Comments

Good prediction! What' are you anticipating next? Do you think it's a scam wick or breakout?
+1 Reply
Nice catch bro
+1 Reply
Diplomatic comment ;). The pivots on 26th of Oct, 13th of Feb and 9th of May look a bit like they wanted to form an extended W pattern. But somehow the last part is unsure ;)
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LucemAnb martinweb
@martinweb, do post a Pic of it
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