Bitcoin / US Dollar Perpetual Inverse Swap ContractBitMEX
Description
⋅
Price of Bitcoin Gained a new level breaking previous support at $11514.0.
Long Term: Long Term Outlook continues to look BULLISH as long as we stay above 10500.
Short Term:
If price goes up it will spend some time in the next in CHANNEL near $11514 with $13797.0 as upper border and $11500.0 as bottom, I will post levels you can look for trade entries
Minor Resistance $12400 Major Resistance: $13800
Minor Support Level: $11500 Major Support Level: $10500
There are plays to make with scalps of all these areas however make sure you are placing tight stops and taking profits quickly as the moves will be very volatile when they do happen!
USE MY TA A SECOND OPINION ON WHAT THE CHART SAYS, NOT FINANCIAL ADVICE!