Bitcoin / US Dollar Perpetual Inverse Swap ContractBitMEX
Description
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Well, what a beauty the TD setup trend resistance line, I can't keep thinking how many times it kept up to my expectations.
Adding to the daily 9 BUY, 128 daily EMA, the TD setup trend resistance line, a 4 h 9 BUY is also to be factor in as support area. In my view exiting (or at least taking 50% profit) in the short is a must, then wait and reevaluate.
We are still in a down trend, as you can see by the EMA in the 4 h are trending downwards, but a good trader live long when he follow his own strategies and obey by his own rules. Don't be greedy and stick to the plan.