BITMEX:XBTUSD   Bitcoin / US Dollar Perpetual Inverse Swap Contract
Will be laddering shorts in the range of 4570-4770
targeting the 1.272 extension
This correction cannot exceed 1.618 extension for the A and B which is (5140) so i will be prepared to ladder shorts up until this targets
I think the 4.200 psychological is an important Weekly resistance, and I would like the bulls to consolidate here, in order to cool the RSI down on the Daily, before we try to break the Weekly Equilibrium. But I'm not seeing sub 2k right now.
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