Bitcoin / US Dollar Perpetual Inverse Swap ContractBitMEX
Description
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XBTUSD 8h: FAKE triangle breakout, then DUMP(NEW) IMPORTANT NOTE: speculative setup. do your own due dill. use STOP LOSS. don't overleverage. tagged as LONG as I expect short-term gains.
🔸 Summary and potential trade setup ::: XBTUSD 8hour setup ::: speculative trade setup ::: price compressing into triangle ::: not a big fan of triangle setups ::: possible FAKE upside breakout ::: price may reach 10300/10400 USD ::: on tech overshoot ::: and FAST/SWIFT reversal from that level ::: resulting in subsequent dump later ::: possible setup / still SPECULATIVE ::: good luck traders ::: short-term traders can BUY dips ::: near 9150//9250 as we are going UP 🔸 Supply/Demand Zones ::: N/A ::: N/A 🔸 Other noteworthy technicals/fundies ::: TD9/Combo update: N/A ::: Sentiment: BULLS ::: Sentiment outlook short-term: BULLISH