BITMEX:XBTUSD   Bitcoin / US Dollar Perpetual Inverse Swap Contract
Binance tried to pump price up, but didn't really get it too far.

Looks like too much supply in this range.

Starting to look like a short.

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Trade active:

Entered
Comment: In good profit. This could go much lower.
Comment:

I took some profit from my original 3881 entry, planning on entering higher.

I'm still going to hold most of my position.
Comment: I've made my indicator that seems to work decent for both BTC and ETH.

Check it out here:

 

Once its perfected, ill publish it.
Comment: It's not perfect, but I've been creating a set of rules to follow when using it to avoid most bad signals.
Comment: Past 28 trades given out, 20 were profitable, provided you sit through some drawdown.
Comment:

More examples.
Trade closed: target reached: Closed for 2.5%.

if i closed at the bottom would have been 3%+ but I thought I could get a few more.
Why Binance attempted to pump?
Reply
Xzhi krasstim
@krasstim, Watch the USDT balance of Binance.
Reply
@Xzhi, thanks
Whats your lowesr target for now?
Reply
Xzhi krasstim
@krasstim,

Not sure yet. at least >2%.
Reply
@Xzhi, What do you mean with that exactly?
Reply
Xzhi Saajsa
@Saajsa,

BTC pumps are usually caused by USDT.
Reply
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