Bitcoin / US Dollar Perpetual Inverse Swap ContractBitMEX
Description
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If you shorted 8.5k you should be looking to hedge your shorts near 7.1-7.3k region to stay on the safe side. If you were flat, its also a good micro RR/scalp if target was 8.7k and SL at 7k= 8/1 RR.
Why 7.1k-7.3k will hold: - 1D tenkan - 1D kijun - 3D kijun - 0.5 fib ret. - Rsi reset
Note: If 7.1-7.3k region doesn't hold, 6.8k is the other side of liquidity, which would force continue the trend. Note: Refer to this post for further serious insight: