Personal Predictions bitmex 3/2/2019

in #bitmex6 years ago

Short

I'm still expecting a move to test prior low and form a double bottom, however the 1D chart showing a bullish divergence on the RSI, volume all start building up, but I still think the algorithms are still in control and will move further to downside to complete the bear cycle.

33-1d bull div.png

On the immediate short term the a dump my test or break the 3700 level. 2 prior traps have appear however i'm expecting 1 or 2 more traps to hunt stop loss.

33.2 bull.png

Bollinger bands appears to be tightening up, I am expecting high volatility soon.

Disclaimer: This is just a personal blog, I a not a financial advisor, this is not a financial advice.