Hedgehog_king

Signs for bulls? what about the confirmations then?

Short
BITMEX:XBTUSD   Bitcoin / US Dollar Perpetual Inverse Swap Contract
Small TF small update:
*Do notice OBV very bad movement atm...
Weekly OBV also extreemly bad (As I showed on previous updates, it didn't change).
* Also we were rejected by the 200e on daily. passing above it will shoot it up...
* We are testing the hourly cloud too many times, it is also usually bad for the short term.
* And to add to it we have hidden bearish divergence:

I personally suspect sideways for a while to test boundaries before final decision to where we go.... good for scalps for next few days ;)
range: 7870-8170
or smaller better range: 8022-8170

*** There are many big signs as well for bullish market, but until we won't see confirmations that we actually started it up, we should still focus on shorting on the bigger picture.
Comment: Hope you are getting a lot of value from my updates, cheers <3
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Hedgehog King!

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Comments

do the opposite of what this guy says to be profitable
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@XHE_FX, Yes, because I'm always wrong ;)
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Just a note of warning to others wanting to participate constructively in this forum, having just done, so someone has hacked my account. I have false indicators on my charts and notifications that I have violated trading view rules?
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Hedgehog_king MikeColfs71
@MikeColfs71, Sad to hear that bro...
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