Bitcoin / US Dollar Perpetual Inverse Swap ContractBitMEX
Description
⋅
I am currently looking for indication the next move will take us to the 61.8, possibly 78.6 fib The 61.8 fib lines up with current level and size of earlier candle 3240 - 3470
Looking at volume profile I have orders to add long if we retouch the 3240 support or wick to 0 fib at 3200
I already have a short open from 36 so will keep a close stop on long, 3160-3180 but will be monitoring the price if it drops to that level
Magenta dashed lines are just rough support / resistance lines
Grey boxes are order blocks from last year
Purple and Blue vertical lines are just guides for candle height