That was a nice $100+ scalp if you were ready. As long as we hold 8.4k here I'm gonna be staying bull. Stops below 8320 for me. This wouldn't be a bad place to buy a bit and set a tight stop.
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Here was the bitmex graph I was looking at. too. Hopefully that wasn't just a sad fakeout but this is bullish regardless.
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Ahhh here's the mex graph I was looking at, whoops.
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That last candle looks awful, howver, we did crush resistance and so now if we can hold it as support, I'll add generously to my position.
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Added at 8360
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Stop 8325 mex
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And that's what you call a beautiful stop
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I keep screwing up the correct graph. Here's the correct one for my stop.
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Guess it doesn't show my stop like it does on my graph but it was just below.
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Just noticed something which is making me significantly reduce my position here.
This 4 hour candle is scary. Find a time in recent past where a 4 hour candle looked like that and then proceeed to go up the next 4 hours. Fairly rare to say the least.
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We can still be bull, and perhaps still even pop here, but the next 4 hours will likely see a dip after that candle closing. (23 mins ago)