Bitcoin / US Dollar Perpetual Inverse Swap ContractBitMEX
描述
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Don't believe what they tell you.
Previous position, we took profit and got stopped out at a profit.
Bitcoin is still in a big falling wedge formation, and as I've discussed on twitter large macro patterns have been respected nicely so far, including the falling wedge .
We're going to set up our next play by shorting the supply zone around the top of the wedge , which also potentially sets up a Head and Shoulders formation.
We will scatter sells in the supply zone , with our stoploss being the previous distribution zone.
We ask ourselves, what are the probabilities? And the probabilities are still, that Bitcoin will make new lows and hit 3k.
Trade Bitcoin with leverage: bitmex.com/register/xLNbQ9
交易進行
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First small sell order filled, I don't think we are going down yet for the big dump(bull divs on lower timeframes on this dump). Like in the chart, I do expect to hit above 7k, possibly even 7.2k followed by distribution and a dump to the lower trendline of the falling wedge. Could possibly even drop out of the wedge.
評論
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Incase there is a bigger volatillity breakout drop now be on standby to market short
交易進行
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More sells getting filled on the supply zone. Bearish divergences on 1h and 4h chart. Looks like it's going to be over for bulls soon.
交易進行
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Sells in the supply zone filled. BTC immediately spiking down after hitting top of the zone. Time to say goodnight bulls.
交易進行
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Try to countertrade me. Try it.
交易進行
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Take some profit and put stops in profit you get it yada yada
Good that every one on this site isn't braindamaged.
WMaximalist
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I followed you on this trade and made insane money on bitmex when you said you closed I closed too like a fuckin sheep...Thank you keep posting great ideas and don't listen twitter trolls they know you exited at profit but just throwing dirt to discredit you..
trdr_asdasdf
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H&S is not a continuation pattern. Shorting here is the most stupid thing i have seen this week, if you follow TA this is the place to go LONG. You are following your own bearish bias
tommycurz
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@trdr8890, wheres the H&S?
filipnr1
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@trdr8890, Give one reason why it's smart to go long here?
trdr_asdasdf
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@filipnr1, 6H is signalling a consistent bullish divergence. Also breakout of a falling wedge.
filipnr1
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@trdr8890, You focus on 1 interval candle and you say he is biased? Wow.
trdr_asdasdf
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@filipnr1, i'm not focusing on one timeframe if that is what you mean. Feel free to look at other timeframes yourself, i just present you the one which is obvious to my argument right now.
trdr_asdasdf
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@trdr8890, Here is a hidden divergence on 30 min for you, with a clean retest of the wedge.