After seeing Bitmex take in the highest volume ever recorded while #Bitcoin went on a six-day red streak, we've appeared to bounce off diagonal support and range support on the RSI.
Seeing a potential falling wedge there, I'm betting we hit just above 8K and RSI range support once again before moving up and really attempting to puncture that diagonal resistance level.
Seeing a potential falling wedge there, I'm betting we hit just above 8K and RSI range support once again before moving up and really attempting to puncture that diagonal resistance level.
Note
I shorted from 9050 to 8040. More info on my twitter. 31.2% take home on position.Note
Long from 7800, 2.5x on swap.Note
Stopped 7575, -8.27%.Note
Short on swap, 8200, 2.5x.
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.