Still sticking with the plan to profit from this potential scenario from both ends. Closed first futures short in profit, looking to catch another before the plummet and bounce from $6344 area. #crypto #BITMEX #Crossleverage
Looking for ETHUSD Swap to play out something like this if BTC goes as I expect. Further movement downwards with a bounce either at $209 area to return to the recent range, or a harder, faster dip revisiting old supports around $200 area with a stronger bounce. Short scalp possibilities or some lowed knife catching are in order across the board on BitMex right...
Caught perfect short and long on last move down, now looking for a similar scenario here with a plunge slightly lower to get the strong bounce for our next leg up.
This is how I see this playing out over the next couple days, failure to breakout above current $6400 followed by a plunge to $6370 area and a strong bounce for the next leg up. Setting low bids for longs and also a short scalp at $6500 area.