awengraf

BitMEX Trading Idea

Short
KRAKEN:BTCUSD   Bitcoin / U.S. Dollar
There is strong resistance at the 4406 level. I expect prices to be very flat until the 29th August.
On the 29th August we will see the formation of a triangle which will determine the direction of any potential breakout, or trace back.

I suspect we will be going lower, and the price will decrease to the 4000 zone.

Sign up to BitMEX with this affiliate link https://www.bitmex.com/register/JOyORf
This will give you a 10% discount on your trading fees during your first 6 months.

BitMEX Referral Code
Direct Link, no code required: https://www.bitmex.com/register/JOyORf
Website: http://www.coinhax.com

Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.