Bitcoin / US Dollar Perpetual Inverse Swap ContractBitMEX
Description
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Same old patterns. I think 7k will be the next hard test tight stop below spring off the trend
Comment
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Ideally around $6870 & a stop around $6830, but it may not dip quite that low past $6900.
Comment
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Didn't get long filled at $6870 (it hit $6880) as i said it may not get that low. I did get in at $6890 on the next dip. I have moved my stop up to $6845 (just below the last break). looking to start exiting the position incrementally from $6995 up to $7125. I am still bearish overall & its approaching some resistance on the 4hr & daily charts around 7000-7150.
Looking for the next breakout around $6945 in a few hours. once this breaks ill move my stop up to my entry price at $6890. Cheers