Bottom shorting and BitMEX 10x liquidation level CONSPIRACY

7 Oca 2020

This chart shows levels at which people entered short and the levels at which they liquidate using 10x leverage on BitMEX

Blue boxes short entry

Red boxes liquidation level

Volume profile indicator seen on the left was used to determine this.

WHITE - BUY VOLUME
GREY SELL VOLUME

Life is full of coincidences right?
Look at how quick liquidation levels are reached after shorting the bottom
Then look how quickly the price drops again afterwards.

Still think trading contracts on BitMEX is a good idea?


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If you noticed the Dynamic RSI indicator at the bottom,
Yes it indicates buy and sell levels and supports alerts.
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