Bitmex XBT/USD short or long? What are you expecting?

Em00n01

full member

Activity: 737

Merit: 104

Quote from: Em00n01 on October 09, 2019, 11:20:43 AM

Bitcoin is pumping now and testing 8500$ resistance. It needs to hold above this level for sometime to pump more. I think it Can touch 8.7k before dump.

What are you expecting? Share me your opinion.

Wow! Perfectly reached that zone Grin

. Shorted from 8.8k.

Lanatsa

hero member

Activity: 2786

Merit: 646

Quote from: ?? on ??

8800-8900 is a first resistance zone. There I will open short probably but only for 300$ profit, no more. Then I am waiting 9200 to be touched. I told about it week ago when we dropped to 7900 and everyone was screaming that 6 k is coming , panic see mood and so on. Don't even think to short prior we hit 8900

This is what I'm targeting but even though it might able to break out that resistance or would have some pullback once we do hit up that ceiling.

Does anyone had links if there are news about this 400-500$ rise in btc atm?

Em00n01

full member

Activity: 737

Merit: 104

Quote from: ?? on ??

8800-8900 is a first resistance zone. There I will open short probably but only for 300$ profit, no more. Then I am waiting 9200 to be touched. I told about it week ago when we dropped to 7900 and everyone was screaming that 6 k is coming , panic see mood and so on. Don't even think to short prior we hit 8900

I'm also waiting for that zone. But I'm still believing that it will go down after touching that zone. Let's see what happens. Hopefully I will have more suggestion from you.

senne

hero member

Activity: 1078

Merit: 507

After the correction from the highs of $10300 to $7700, this is the first time BTC was able to break the 7 day period declining trend. Bulls were able to take over from the bears after the sideways price movement for a few days. Since, BTC was able to break the strong resistance of $8500, I am bullish and going to play short term long till the next resistance of $8900.

Golstrim

sr. member

Activity: 1456

Merit: 253

Margin Trader

Well, I am expecting 9200-9400 squeeze , but not today, I think we need couple of days to be traded on current level and perhaps small correction to growth just to accumulate more power. After 9200 I expect to open big short position

exstasie

legendary

Activity: 1806

Merit: 1521

Quote from: Em00n01 on October 09, 2019, 11:20:43 AM

Bitcoin is pumping now and testing 8500$ resistance. It needs to hold above this level for sometime to pump more. I think it Can touch 8.7k before dump.

What are you expecting? Share me your opinion.

Shorts are feeling the heat now. I'm looking for a squeeze into resistance in the low $9,000s. Maybe $9,300 or so. I expect that area to be defended pretty hard by bears.

Then I'll reassess on the dip. We could see continuation to new lows, or we could see a bullish higher low. This analyst whom I have a lot of respect for thinks we've already seen the bottom.

Em00n01

full member

Activity: 737

Merit: 104

Bitcoin is pumping now and testing 8500$ resistance. It needs to hold above this level for sometime to pump more. I think it Can touch 8.7k before dump.

What are you expecting? Share me your opinion.

Topic: Bitmex XBT/USD short or long? What are you expecting? (Read 140 times)