Bitcoin / US Dollar Perpetual Inverse Swap ContractBitMEX
Description
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Long to 9800 then flip to short to 7800 (potential bounce 8400-8600), alternative is that it fails between 9400-9600 and commence 12 hour e2e.
Trade active
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So far so good, 9600-9800 zone is for taking profit before reassessing. 4 hour "edge to edge" is officially in effect. Stop at break even from last add.
Trade active
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Lucked out on XBTZ20 Asks, holding until 78xx. We can see 94xx-96xx resistance zone test, will compound shorts there. 8400-8600 is the next Take Profit zone if 9ks break again. Looking for a break to 7800 then a retest of 8400 before more potential downside. Will hold 1/3 position until i see a good long set up. if we get 9800 + then throw this chart in the trash and take some losses.