My trading forecast 27.7.2019

in #bitmex6 years ago (edited)


Hi everybody! Im back after a really long break, now armed with a hugh arsenal of trading knowledge and indicators to help me and you too.

Im using Bitmex to leverage trade bitcoin and other crypto currencies

I want to post here my last forecast :

As you can see btc is about to break from a simmetrical triangle. it will probably happen in the next 24 hours.
Most predictions are to the downside to the 8500-8800 levels but you how it is. when most people think a certain way the other way usually happen so we need to wait and see.

As for my bitmex postion. Im putting a momentum short for the price of 9550 , i think that if the price will drop to that level it will continue to atleast 9200-9300 levels so ive already set limit orders to catch the price at those levels.

Glad to be back!

bye for now