Bitduke

XBTUSD: Currently moving in range, what's next?

Bitduke Updated   
BITMEX:XBTUSD.P   Bitcoin
After the short rally from $7000 -> $7500 XBTUSD is ranging between $7600 and $7500with sharp whipsaws up or down.

My algos are still in long, but I'm waiting for the clear trend. For longs I'm waiting for a daily close above ~$7700 and for shorts - below $7450.

Need to closely follow PA because rising above 7700 could be just a deviation off the range

Hit the "LIKE" button and follow to support, thank you.

Information is just for educational purposes, never financial advice. Always do your own research.
Trade active:
Slightly underwater, but trade is still active.

Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.