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Crypto_Joe1
Jan 31, 2019 6:55 PM

Bitcoin Long

Bitcoin / US Dollar Perpetual Inverse Swap ContractBitMEX

Description

Bitcoin is gearing up for another big push to the upside.

A clear descending wedge, Stoch RSI cross looking bullish, and coming to the bottom of this range.

At the moment, these are the ranges I see for Bitcoin. The pivot points seen on the left hand side of the supports and resistances. Selling R1 and R2 and buying S1 and S2 is a good strategy.

Buying points for this descending wedge are 3300-3400 with stops at 3230.

Targets - 3500, 3650, 3800
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