Bitcoin / US Dollar Perpetual Inverse Swap ContractBitMEX
Description
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Weakness is starting to show up on the Bitcoin (XBTUSD) charts.
Now trading below EMA10.
MACD bearish cross.
RSI trending down.
I believe Bitcoin will drop before making its next move.
I see a trade set up here with 10X leverage. Support and resistance levels are marked on the chart.
Note: This is not a piece of trade advice. All of my trades are clearly marked and contain buy-in, target, stop-loss and additional information.
Thanks a lot for reading.
Namaste.
Comment
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1st and 2nd targets reached:
(1) $3780 -Reached (2) $3750 -Reached
P.S. This is not trade advice, this is just a friendly reminder. You can check below for BitMEX active trades.
You can see TRXH19:
And XRPH19:
Comment
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XBT Just printed a huge doji, a bullish close pushes Bitcoin towards the green.
A bearish close can lead to further retrace.
We still have an active LONG trade for Bitcoin (XBTUSD) here:
Comment
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Bullish close on the 4H candle:
- Now trading above EMA10 and EMA50. - Closed above support and resistance trendlines. - Bitcoin remains bullish mid-term. - Short term bearishness described in this post is gone after the last Doji.
If you want to trade follow our XBT LONG.
Until the next update.
Namaste.
Comment
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TOP 10 STRONG ALTCOINS for LONG TERM BULLISH POTENTIAL (Remember to hit like and send me to #1)
we are going down to 3500