[May 17th/BITMEX] Bitcoin Trend Analysis $8014 - $8470
Updated
Hello, guys.
I usually make a script for me and people.
But on today, I am going to analyze how this wave is going.
As you can see, the chart shows that it is still bearish.
Yesterday, it was dropped below 8200 which I was expected.
No one believed my opinion among my "friends" on yesterday.
But it was reached below 8200.
Today, I assume that it gonna be dropped til below 8150/8050.
Of course, it can be pumped. Who knows right?
However, so far, I would say
70% confirmed below 8150
25% confirmed below 8050
5% confirmed below 7900
BTC market is so volatile and weak.
I'm currently playing on BITMEX.
Long position open orders $8113 and $8013. (x10)
Short position $8310 and gonna close $8155. (switching)
If you like this post, please comment or push the like button
If you wanna play on BITMEX, register through it; bitmex.com/register/AYE2lG
Thank you so much!
P.S. If you do not disagree, please comment it. I like listening all kinds of opinions.
Have a great day!
I usually make a script for me and people.
But on today, I am going to analyze how this wave is going.
As you can see, the chart shows that it is still bearish.
Yesterday, it was dropped below 8200 which I was expected.
No one believed my opinion among my "friends" on yesterday.
But it was reached below 8200.
Today, I assume that it gonna be dropped til below 8150/8050.
Of course, it can be pumped. Who knows right?
However, so far, I would say
70% confirmed below 8150
25% confirmed below 8050
5% confirmed below 7900
BTC market is so volatile and weak.
I'm currently playing on BITMEX.
Long position open orders $8113 and $8013. (x10)
Short position $8310 and gonna close $8155. (switching)
If you like this post, please comment or push the like button
If you wanna play on BITMEX, register through it; bitmex.com/register/AYE2lG
Thank you so much!
P.S. If you do not disagree, please comment it. I like listening all kinds of opinions.
Have a great day!
Note
Ah, Bitmex server is exploded. It is stuck now. So far, Bitflyer and Bitfinex both 8200 area.
Note
I told you guys, I do not know somebody read it or not But I got my long position, and automatically closed my short position.
I will be here around 2-3 hours more. But it is gonna bounce until 8150-8200.
Good luck guys
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