Bitcoin / US Dollar Perpetual Inverse Swap ContractBitMEX
Description
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It looks like we are approaching a strong resistance area, that won't be easy to break. It took us 6 trials to break it in 2018, I don't see us breaking it that easy, especially that volume is not following. (Volume divergence)
From another hand, oscillators show oversold conditions. Idea shorts area is the red rectangle one, the target is 5K. We might continue playing between 5K to 6K for a while and then move to the next area.