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Trader-LuYao
Aug 20, 2019 3:06 PM

Bitcoin's important resistance zone choice! Short

Bitcoin / US Dollar Perpetual Inverse Swap ContractBitMEX

Description

We can see that Bitcoin continues to follow the rebound, but after a few days of rebound has reached a relatively critical resistance zone: 10800-11000$
As long as the currency price is not confirmed to break through the stable 11,000 $, do not change the point of view, continue to choose the opportunity of the empty order
At present, the trend support is expected to be in the state of 10500-10600$, so the long time here is only to see 10800-11000. This operation is not particularly suitable. It is not as good as watching the show.
After observing the stability of the support, rebound and test the important resistance zone and then intervene in the empty order! If you fall below it, you will also watch the show.
I wish you all the best.

Comment

If the rebound, as expected, open in the important resistance zone! This wave can at least see the low price of the previous period.

Comment


In fact, I have been imagining such a structure, but there are too many preconceived ones. This is not only the eight characters yet, but the shadow of the shackles has not existed yet, but the area of $9,300 is a certain probability that I am in contact with the high hedging. Time, look forward to it.
It is quite good at the moment, optimistic about the previous wave of low points!
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