Bitcoin / US Dollar Perpetual Inverse Swap ContractBitMEX
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Good morning Traders, happy and merry 2nd Advent and December Sunday.
As this small triangle is getting tighter today, I don´t see any pressure that this is going to resolve bullish or bearish acute. It looks pre-mature. Overall we are back above the S1-D Pivot and I wouldn´t be surprised if we rise another $100 today and keep dangling, generally the range seems to be within $200, support to resistance. We are still below the Daily channel middle line and nothing like a breakup or breakdown happened yet. All key-levels and trendlines intact.
Relatively unspectacular. (And I bet cause I said this now, ...............it´s gonna happen ;-))
I am still holding long from the Inverted Head & Shoulder. Happy trading.