G'day mate,
I'm feeling a little bullish this evening, which is a change from the last week. With the news of the sell of of MtGox being halted till September and a little rally during the day, moving us in this extended period of sideways movement while we build this flag/pennant structure. The shorts (futures) have dropped off the planet and up until very recently we have had little to no logs coming in, they are on the rise as we reach the end of the structure and we should see at push to 10k overnight.
Good Luck and Happy Hunting but strewth keep your risk management and lot sizes under control and wait for CONFIRMATION , don't be a sucker and be liquidation for stop hunters, bear/bull traps are a bitch. Don't let them blighters con you.
G'day Mate,
Thanks for dropping by, hopefully you garner something valuable from my post, be it educational or an idea towards a trade of your own. Please share, like and comment and engage with me, I am here to help. Join me on Bitmex, 10% off fees for 6 months. Feel free to message me on Tradeview , Twitter on even in the Bitmex Troll box and I will be happy to help. With a little guiding and a quality trade plan, Bitmex is the bet place to grow your Bitcoin but please do note that Trading leverage just as it is with CFDs or shares has an increased risk, unlike trading on exchanges like Binance or Coinbase, in which if you make a bad trade, with time you can usually break even.