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CryptoMW
Oct 9, 2017 8:18 AM

BTC bouncing off resistance levels 4600 - 4650 

Bitcoin / US Dollar Perpetual Inverse Swap ContractBitMEX

Description

Shorting BTC every time it bounces off of the 4610-4650 area with a stop loss just above 4700 to protect from a parabolic move higher. If sustained break past 4,700 would long with target around 4,850 and then 5,000. ~4,650 level is key given it was the start off the last major pull-back.
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