Based on 3 day- 30 min its bullish. there is significant manipulation within 200pt range on BitMEX last few days. I had predicted a long squeeze from 7200 to 6100 dec 19th ish and this did materialize but had set my take profit target too aggressive and only hit 6450... greed gets you everytime!! there are still the same bearish indicators I was seeing before so long squeeze is possible.. but the market has turned bull short term. There are fractal periods of high volume daily Whales are patient so it could be fake out but market as a whole is ready for Bull season soon... should be another high volume from now to next 4 hrs. I placed long @7535 with very tight stop loss but high high leverage..hoping to hit an upswing! this is a short term trade with a take profit north between 7600 and 7650.. fingers crossed.
based on fractals, trend, MACD, Fisher
based on fractals, trend, MACD, Fisher
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also based above on BitMEX open interest trend.
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I got out at 7590... opposite of greedy this time and left some on table... was going to snap short but didnt. Im reentering once it stabilizes if it hits 7550 range
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wow - pumped nicely.. missed alot of it.. opened short at 7730.. will close quickly also but guessing a 7650 stabilization is past patterns hold