AminHa4
Short

Would you do this risky one ? I WILL DO ...

BITMEX:XBTUSD   Bitcoin / US Dollar Perpetual Inverse Swap Contract
First of all I'm still watching the chart for confirmation of cup and handle (It would be drop to 8k area), second I found this big divergence ... its really scary ... last time it drop from 9800 to 8700 ... about 1k downtrend ... this time we have inverse cup and handle , I talked about it in my last idea
I recommend you to see it ...
Lets talk about future.
As you see I have ma's in my chart and all of the are acting as dynamic resistance ... rsi is lower than half and macd didn't show a good power above the 0 line, and also we are in a descending channel , BB bottom line has a touch to 8600 ... fib retracement and extension both of the shows the 8500 area(786 and 618)
So, I recommend you to do short on 9k to 8600, 8500, 8300, 8k
If we lost 8k support ... we will see 6k
But in my view it wouldn't take so long, we will back and see 9500 area in next days ... rsi divergence is getting stronger and stronger ...
DO NOT LONG ...
If you liked it, please hit the like button, share and write your comments, thanks for reading.
Take care, trade safe
Order cancelled: This range will change every thing ...
Rsi changed his way (Convergence is activated)
Strong support at 8700 ~ 8800
Support of ma 20,50 and also they are moving closer to 120 and 200 ...
Lets change the plan ...

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