Bitcoin / US Dollar Perpetual Inverse Swap ContractBitMEX
Description
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We are at the "no trading zone" for swing traders. Currently, BTC is floating in the range between support 9,385 and resistance 10,789. There can be two nice setups for trading:
Short the retest of broken support. R/R = 4.87 Entry: ~9,385 Stop loss: 9,750 Target: 7,633
Long the retest of broken resistance. R/R = 3.62 Entry: ~10,789 Stop loss: 10,361 Target: 12,318
Meanwhile, sit back and relax. Patience is very important in trading. Please follow and smash the like button to support my work and see even more free TA :) Trade safe fellas!