BITMEX:XBTUSD.P   Bitcoin
Very clear 4hr range here on BTC. A break of either the highs or the lows will either lead to a flush and down to new lows, or a pump up to resistance. If you are not in a position I would wait, buy the breakout and begin to scale out while locking in profit. I am long from 6425 with a manual stop. Really hoping we can breakout of this range soon. Resistances are marked on the chart, a clean break of these levels is where Id want to be market buying. First TP would be at 6835. I will update this thread when something happens. For my trading journal only.

Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.