alanmasters

Bitcoin Drop Followed by Bullish Move (10X Lev.)

Short
BITMEX:XBTUSD   Bitcoin / US Dollar Perpetual Inverse Swap Contract
Weakness is starting to show up on the Bitcoin ( XBTUSD ) charts.


I believe Bitcoin will drop before making its next move.

I see a trade set up here with 10X leverage. Support and resistance levels are marked on the chart.

Note: This is not a piece of trade advice. All of my trades are clearly marked and contain buy-in, target, stop-loss and additional information.

Thanks a lot for reading.

Namaste.
Comment: 1st and 2nd targets reached:

(1) $3780 -Reached
(2) $3750 -Reached

P.S. This is not trade advice, this is just a friendly reminder. You can check below for BitMEX active trades.

You can see TRXH19:
And XRPH19:
Comment: XBT Just printed a huge doji, a bullish close pushes Bitcoin towards the green.

A bearish close can lead to further retrace.

We still have an active LONG trade for Bitcoin (XBTUSD) here:
Comment: Bullish close on the 4H candle:
- Now trading above EMA10 and EMA50.
- Closed above support and resistance trendlines.
- Bitcoin remains bullish mid-term.
- Short term bearishness described in this post is gone after the last Doji.

If you want to trade follow our XBT LONG.

Until the next update.

Namaste.
Comment: TOP 10 STRONG ALTCOINS for LONG TERM BULLISH POTENTIAL (Remember to hit like and send me to #1)

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Comments

@alanmasters alan right!
we are going down to 3500
Reply
look! Your drop happens in my green area!
Reply
Totally agree man.
Reply
sorry to tell Alan but you are wrong 90%
Reply
alanmasters martinszorad
@martinszorad, Don't be sorry, that's fine.

If you check our trades, in my profile, you will find hundreds of examples that prove you wrong.

Here are some, it is my pleasure to share:

Binance Coin (BNBBTC) +60%


Ontology Gas (ONGBTC) +62%


Bitcoin Diamond (BCDBTC) +30%


Komodo (KMDBTC) +125%


SteemDollars (SBDBTC) +35%


Ravencoin (RVNBTC) +250%


Civic (CVCBTC) +88%


Viacoin (VIABTC) +129%


PIVX (PIVXBTC) +24%


Metal (MTLBTC) +38%
+1 Reply
the selling looks tired on the macd though. I'm gonna go long =P
Reply
alanmasters AndrewCao
@AndrewCao, I have a long trade as well, but first a short term drop.
+1 Reply
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