Personal Predictions bitmex 3/6/2019

in #bitmex6 years ago

Short.

The pattern looks similar to a previous pump on the chart, a dump might happen soon to retest 0.786 fib level.

34-re occure.png

Volume is Declining on the 5 min chart a good sign that violent volatility is coming soon. BTC might pump a little and breakout on the top of the triangle to trap the long close the short positions, then a dump.

34-5 min decline.png

This is just my personal recording on what I think about the market. It is mixed with objecting thinking and personal opinion.

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