Bitcoin / US Dollar Perpetual Inverse Swap ContractBitMEX
Description
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Bitcoin is approaching a major resistance point that it has already failed on the last two candles, forming a pivot. If this pivot begins to fail for a third time I will look for a Daily short play with a loose target around the daily pivot high and daily pivot low. If we can S/R flip this Weekly Pivot then I will look for a Daily Long play with a loose target around 8900-9400.