BITMEX:XBTUSD   Bitcoin / US Dollar Perpetual Inverse Swap Contract
This is my first post.
I am not experience but learnt a few thing there and there, noticed a channel/tunnel.
I don't know what will happen at the end of it. I'm betting on a it go down but who can know for sure.
The chart pattern you drew there was a rising wedge. it has a bearish bias and is supposed to break down like it did there.
Right now we have another rising wedge on a low timeframe + the 4h is oversold on the stochastic RSI. My first target is 10900
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jolio007 bjhriemersma
@bjhriemersma, thank you so much for filling my knowledge gap
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Never mind, it crossed the bottom support line
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HAHAHA.... This is my first post too!
I didn't know you could write messages (but I haven't really explored the site yet)
... Honestly though I have no idea, I only a few days into learning... I'm not sure I even know what I'm doing :-)
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jolio007 johncesare
@johncesare, welcome to the club
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