Bitcoin / US Dollar Perpetual Inverse Swap ContractBitMEX
Description
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Will be laddering shorts in the range of 4570-4770 targeting the 1.272 extension This correction cannot exceed 1.618 extension for the A and B which is (5140) so i will be prepared to ladder shorts up until this targets
I think the 4.200 psychological is an important Weekly resistance, and I would like the bulls to consolidate here, in order to cool the RSI down on the Daily, before we try to break the Weekly Equilibrium. But I'm not seeing sub 2k right now.