Probability is high we are going lower, however on Bitmex chart inverse Head & Shoulders lowest point for this to be perfect and valid is triggered, it needs to hold 6100, otherwise gtfo of trade and this setup probably is not valid.
Bullish divergence on hourly chart meaning to expect some upside momentum either way - if we are going to crash before 6900 or after that.
Probably will reach 6500 at least, then will see if big boys are going for that gaps to piss over shorts and liquidate them before really going down below 5.8
Bullish divergence on hourly chart meaning to expect some upside momentum either way - if we are going to crash before 6900 or after that.
Probably will reach 6500 at least, then will see if big boys are going for that gaps to piss over shorts and liquidate them before really going down below 5.8
Note
Already had this plan few days ago.Note
6500 reached - as expected.Note
:DNote
80% confident about probability to test level below 8k to clean that gap and get rejected, forming divergence and cool short entry to ride this baby all the way below 5kNote
Bearish divergence - as expected. Probably we are going to clean second candy land zone and then reverse. 
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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.