Are the bulls waiting for zhukov's Moscow or napoleon's Waterloo

OKEX:BTCUSD3M   BTCUSD Futures Contract 26 June 2020
Because here, from April to now, the long and short sides in $5,500-5,800 between the repeated fight. In nearly 40 days of fighting, long-short guild wars between the two sides can say very tragic and short long resisted the kickback, constantly pushing currency, but with the extension of time, we also see bull attack strength in weakening, it is not only the cumulative gains of more than 40% above, below is required to deliver profit chips, as well as pressure area close to $6000, above the high of the lock-in solution set of pressure also make long began to feel nervous. Entering may, this sign is even more obvious. Although the price fluctuation is decreasing, the competition has become white-hot. In the past three days, the bitcoin perpetual contract of bitmex has repeatedly appeared the situation of long and short double explosion. Really like the Moscow battle, from the progress of the battle, now has entered the stage of street fighting. The two sides fought hand to hand. Okex is also anxious. It holds 54,000 bitcoins , more than 4,000 less than the 6th day.

So what does the bull end up with here? Will they, like zuckoff, succeed in beating the bears, or will they, like napoleon, fail at Waterloo?

We see from the current trend of time sharing, although each dive has been fully supported, and also from time to time to set a new high. But the short sellers didn't give up either, and when they did, more air units joined, quickly filling the shortfall. As far as the current situation is concerned, bulls have the upper hand in the situation, but their advantages are not obvious.

But the day line level diverges under the condition which the morning disappears, the time has formed bears the tendency, the short line if does not have the ability to dissolve the crisis, the bull will be the back and the back will suffer the enemy, by that time, really became napoleon.

Strategy: spot holding, waiting for the best time to short, if it is not to do the contract, you can set a short-term moving average, once broken, cut out of the market can be.



Home Stock Screener Forex Screener Crypto Screener Economic Calendar How It Works Chart Features Pricing Refer a friend House Rules Help Center Website & Broker Solutions Widgets Charting Solutions Lightweight Charting Library Blog & News Twitter
Profile Profile Settings Account and Billing Refer a friend My Support Tickets Help Center Ideas Published Followers Following Private Messages Chat Sign Out