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Bitmextrader22
Feb 15, 2020 1:02 PM

Bitcoin Going Up? Long

Bitcoin / US Dollar Perpetual Inverse Swap ContractBitMEX

Description

According to my analysis, XBTUSD is going to touch resistance by the end of today or tomorrow.
- Bears not motivated to push price down
- Trending up MA 10, 21, 50, 100 & 200
- Accumulation is ongoing

Therefore, Resistance to touch next is 10450.

Trade Setup
Entry = 10200 - 10250
Take Profit 1 = 10350 (Close half of your position)
Take Profit 2 = 10425 (Fully close position or bring stop loss unto 10350)

Let me know if you liked this

Trade closed: stop reached

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