XBTUSD, Daily. Sideway expecting to turn bullish but still risky.


If the overall Bitcoin market is “sideway turning bullish”, XBTUSD should see some support at $6600 level. At around $7000, I think there is an opportunity to grab a rally to around $8200-8500.

However, if the price collapse and $6600 failed to see support, we will see another crash!

Update: This position is closed at Stop Loss. Crash happened.

Exchange BitMEX
Action Buy Stop
Expiry GMT+8: 15/8/2018 23:59 UTC: 15/8/2018 15:59
Open Price 7000
Stop Loss 6600 Trailing stop to breakeven
Take Profit 8140 Risk-reward ratio: 2.85