BITMEX:XBTUSD   Bitcoin / US Dollar Perpetual Inverse Swap Contract
here we are, in the beginning of a parabolic uprun fractal . lets look at this.

if you open your own chart and compare this structure in 4hr with the current one in daily, you'll notice a few things :

1. bitcoin accumulations that slowly coming back to the neckline of selling climax, may lead to a parabolic uprun.



2. when this uprun starts after a short consolidation, be sure to have stoplosses on your alt/btc pairs(altmarket index) :



3. and you can clearly see when to buy your cheap alts again.

although there's a long setup, this is not an investment advice, it shows only a invalidation level( daily close below stop area)
Comment: Here's a range for daytraders. Short the top, long the mid /bottom.

Comment: Tp1 reached
Comment: Tp2 reached :)
Trade closed manually: market closed.
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