Bitcoin / US Dollar Perpetual Inverse Swap ContractBitMEX
Description
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The horizon was reset.
I will see it in the short term.
Moving out of the downtrend line and moving along the trendline often resulted in a downturn.
The current price position is located within the downward trend line.
It is moving within the uptrend line and the downtrend line.
You should check if you can support 7298.0 points by about December 5th.
In addition, support for the uptrend line should be confirmed.
7757.0 points and 6543.0 points were touched.
If the price can be maintained between 7298.0 and 7435.0 by around December 5, it is expected to break out of the downtrend line and rise along the uptrend line.
what do you mean by influctuation? what has to do with Bitcoin or cryptocurrency?
readCrypto
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@salman80, Thank you for writing.
An inflection day means that price movements may move heavily around that day.
It is also important to pay close attention to trading as prices may fluctuate violently up and down as the price moves up or down.
Since around December 5 is an inflection day, check the flow from December 4 to December 6.