Eric_K_Trader

BTC is testing 9200 resistance, Shark & AB=CD long trade plan

Long
BITMEX:XBTUSD   Bitcoin / US Dollar Perpetual Inverse Swap Contract
Bitcoin is testing the 9200 resistance area , meanwhile, there is a downtrend shark pattern and AB=CD pattern,
there are two trading plan
1. breakthrough fails, price pulls back to 8800-8680 area, find reversal signal, then entry
2. breakthrough success, buy from 9210

Bitcoin is processing in the uptrend parallel channel , my target price is 9800-10000 area, no matter which direction, bullish is coming, retracement is healthy for the raise

Comments

valuable analyze, touch the target!
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