TradingView
nnichos
Dec 3, 2018 10:23 AM

BTC USD a picture is getting more clear 

Bitcoin / US Dollar Perpetual Inverse Swap ContractBitMEX

Description

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. Please...no complaining :)

Comment

Oh well, it's Monday. Mondays are always dump.

Comment



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

Comment


It went in and straight out. So may be it's a short after all.

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 :)
More