After seeing Bitmex take in the highest volume ever recorded while #Bitcoin went on a six-day red streak, we've appeared to bounce off diagonal support and range support on the RSI.
Seeing a potential falling wedge there, I'm betting we hit just above 8K and RSI range support once again before moving up and really attempting to puncture that diagonal resistance level.
Seeing a potential falling wedge there, I'm betting we hit just above 8K and RSI range support once again before moving up and really attempting to puncture that diagonal resistance level.
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I shorted from 9050 to 8040. More info on my twitter. 31.2% take home on position.
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Long from 7800, 2.5x on swap.
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Stopped 7575, -8.27%.
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Short on swap, 8200, 2.5x.