Bitcoin / US Dollar Perpetual Inverse Swap ContractBitMEX
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First attempt to post idea....will it work ?
just discovered the "brush" which allows me to draw channels like this...take that run up to 20k out of the picture and this channel is pretty telling....
Wave after wave....some complete while others just bounce.....there as to be a way to exploit this successfully.
Once i go to a smaller timeframe most of the " brush" lines become almost lost which basically means that the smaller mover is within the bigger channel.....
With the type of volatility we are currently experiencing this generally means moves of 5 to 20 percent which can spell doom if one traded this with leverage.....