Crypto_Academy_

Bitcoin Short-Time-Frame Analysis update.

BITMEX:XBT   Bitcoin / US Dollar Index
This is the BitMEX chart here.

We can clearly see the upper channel providing us with some upper resistance.
If we break those highs on this channel, we will have more room to go up.

Long on break up, set a SL beneath that trendline then.
Other longs are on the trendlines I have shown that are on 11.000 and 10.550 levels.

Keep in mind those are only short-time plays, so do smart Money Managment here.
It broke out of the channel, BUT!!!
It didn't break up with Volume!
I posted my mid-term analysis, which means that 0.5 Fib From 20k to 3.1k Can work as resistance here on 11.4k!
Need to keep an eye on this level here!
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