Bitcoin / US Dollar Perpetual Inverse Swap ContractBitMEX
Description
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See red descending triangle followed by a relatively weak breakout, retest, and formation of a smaller descending triangle. This led to a nice long once it broke out of second red and settled on support.
See blue massive descending triangle followed by a relatively weak breakout, retest, and formation of a smaller descending triangle. Look for a break to the upside of the triangle and settle on support to enter a long.