Bitcoin / US Dollar Perpetual Inverse Swap ContractBitMEX
Description
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Breaking the trend line will confirm a drop to the down side.
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Whilst I am leaning towards the bearish side with current price action, i'd like to bring attention to the channel still holds true from a previous idea:
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looks like we broke through the 8800 resistance. Maybe this will turn bullish? At present time I am 50:50.
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Alt coin season is back on if we get back in the channel imo
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We can see that, that line of support was never crossed, turned out to be very important in the grand scheme of things!
@six19trading, Sure thing! Still figuring out how to properly scale things in general. I'm just happy the actual proportions are rendered properly this time ha