Hello friends! Welcome to another analysis!
XBTUSD looks to be nearing another sell off point but i believe before we see a sell off
we will see a breakout above 3460 which has held as our resistance for the last week roughly
following breakout i am expecting as i have illustrated in the chart and that is a sell off. This has
happened 3 other times as i called the last one prior to happening. Feel free to check that chart out on
my profile it is titled "am i the only one seeing this XBTUSD" as the chart did play out nearly text book and i
see that the window for this new bart to happen is nearing following bart i expect a bear flag to form resulting
in roughly a 6% drop taking us down to the 3280's. I have my position currently placed and have a plan set in place
if it goes opposite of my prediction. Best of luck trading everyone!
Finding yourself confused trading BitMEX and looking for someone to teach you how to effective/profitable trade BitMEX? Message me directly either in my DISCORD community or on my Tradingview account as i will teach you free of charge! My discord link is below in the SIGNATURE BOX!
Thanks, LiquidMEX
DISCLAIMER:!!!This is not to be considered financial advice is my personal opinion, always do your own research before entering or exiting trades as i will not be held liable for any of your trades!!!