BITMEX:XBTUSD   Bitcoin / US Dollar Perpetual Inverse Swap Contract
There are different ways to looks at it. Yes, it went down on high volume and broke "the channel" (depending how you draw it). But I would be very cautious to go short here, BTC is known to bart up...Atm to me it looks like it's curling up...It is still a "chopper" in my view...if anything, I would go long if it closes above that black line (at a retest).

NOT a trading advice.
PS. I am a newbie :)
PSS. yes, the chart is messy. I post them mostly for my own record, it's easier for me to go back to them this way. complaining :)
Dec 03
Comment: Oh well, it's Monday. Mondays are always dump.
Dec 03
I had a buy order at 3755 and cancelled it. Chickened out lol. On 1hr there is a green candle, that closed back inside "the channel". Could be a sign, that we won't get 3k that easily... Bears, watch your back :D
Dec 03
Comment: It went in and straight out. So may be it's a short after all.
Dec 03
Comment: Somehow it doesn't feel right to short here. I'll be taking a break, may be when I come back, the direction will be more clear. Stay safe :)
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