Bitcoin / US Dollar Perpetual Inverse Swap ContractBitMEX
Description
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A descending triangle as a major pattern and two symmetrical triangles as minor pattern based in fractality.
Support (triangle's base)=$5855
The horizontal levels are percentages retracement (30%,50%,60%,70%,80%,85%,90%) with initial point $725.4 (11 Jan 2017) and an endpoint at ATH 0.04% .
I do not use Bitmex regularly for long-term analysis but I think that the right-angled triangle looks most accurate on Bitmex, the lows are quite similar ($5855, $5743,$5860)
Thanks in advance.
Trade well and trade safe.