Bitcoin / US Dollar Perpetual Inverse Swap ContractBitMEX
Description
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This is an update on my last published idea.
" From what Im seeing right now on BITMEX:XBTZ18 its either we continue down with this channel until we break out of it. or the last swing's fib comes to play and take us to its first algo target (around the green line at 4650~)... there's no way to know for sure what will happen so I'm going for short trades with small risks like I always do.
good luck! "
- added a small support creating a triangle, I will be waiting for a break out before entering a trade. If we break down its a short, If we break up its a long! but still keeping an eye on other supports and resistances!