Bitcoin / US Dollar Perpetual Inverse Swap ContractBitMEX
Description
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XBTUSD H8: SHORT IT // XABCD TP 9600 USD (SL/TP)(NEW) IMPORTANT NOTE: speculative setup. do your own due dill. use STOP LOSS. don't overleverage.
🔸 Summary and potential trade setup ::: XBTUSD 8hour chart review/outlook ::: speculative XABCD setup in progress ::: requires confirmation ::: SHORT/LONG sequence ::: point C near 11 200: SHORT IT! ::: point D/PRZ near 9600/9700 USD: BUY LOW ::: short-term bullish / more upside ::: 11 200 heavy resistance / SHORT IT ::: TP BEARS is 9600/9700 USD later ::: BULLS focus on buying LOW later ::: near 9600/9700 USD ::: recommended strategy: SHORT IT / SHORT rips/rallies ::: ENTRY NEAR 11200 USD SL 400USD TP1 10500 TP2 9700 ::: correction not over yet ::: good luck traders! ::: SHORT and get paid. period. 🔸 Supply/Demand Zones ::: N/A ::: N/A 🔸 Other noteworthy technicals/fundies ::: TD9/Combo update: N/A ::: Sentiment mid-term: BEARS/9600USD ::: Sentiment outlook short-term: BULLS