'Corn' already broke out on hourly and looks good for breaking the 11.3k resistance, this can be a risky trade however if someone is going long here Target 1 should be 11.3k and Target 2: 11.7k
I am expecting a dip once it hits 11.6-11.7k resistance and if the 11.3k or 11k support holds followed by a bounce we might see the biggest breakout we all have been waiting for to end the downtrend on bitcoin
I am already long from 10.8k on bitmex june futures so my thoughts can be biased towards a bullish case lol
I have already closed 50-60% of my long position at 11600-11690 on bitmex june futures so not worried about this dip and not adding here too because want to play safe and see how things play out
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Rising wedge breaking here, added more to my long postion, have more bids at 10.7-10.8k level and 10.4-10.5k level
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11-11.1k was strong af and breakout again
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All bigger time frames are looking super bullish, will share charts later
Bulls are strong af but this resistance is also not weak either
I see a small bear div on 4h, not sure if that will result in any dip tho