There is a Bollinger Bands squeeze on the daily chart. Bollinger Bands squeezes always end with a big move. I expect the move to be upside as squeeze momentum bars are clearly green and we are based above daily MA20 (3911). As long as we stay above 3911 it will explode upside. If we get a daily close below 3911 then the probability of a downside explosion will be higher.
Here is my trading idea for Bitmex:
Long @ 3960-3970 TP1: 4025 TP2: 4090 TP3: 4190 SL: 3890
***This information is not a recommendation to buy or sell. It is to be used for educational purposes only.***
Here is my trading idea for Bitmex:
Long @ 3960-3970 TP1: 4025 TP2: 4090 TP3: 4190 SL: 3890
***This information is not a recommendation to buy or sell. It is to be used for educational purposes only.***