Bitcoin's last push up before bearish break Long

Bitcoin / US Dollar Perpetual Inverse Swap ContractBitMEX

Description

⋅ Sep 11, 2019 7:35 AM

3 confluences present; a final push up towards the trend line and neck of the inverse H&S as well as a bounce off the 6.18 Fib before breaking the triangle of accumulation in which BTC has been ranging in for the past few months.

Comments

josque

⋅ Sep 11, 2019 8:08 AM

Nice!
What is your overall bias?

cryptoniteFX

⋅ Sep 11, 2019 8:23 AM

@josque, Overall bearish if we break 9800 this set up would be invalid.

josque

⋅ Sep 11, 2019 8:49 AM

@cryptoniteFX, so what might be the next overall target by your analysis?

cryptoniteFX

⋅ Sep 11, 2019 9:01 AM

@josque, 9600~94450