BITMEX:XBTUSD   Bitcoin / US Dollar Perpetual Inverse Swap Contract
Hey, as you can see on the chart BTC is currently in a textbook Equilivrium pattern (tightening range). Right now bulls have exponetnail support on their side and can look for a bounce attempt here to favour a bullish break of this EQ.

If exponential support is lost I will be favouring the bears in this Equilibrium battle. I will not be trading within this range and will await a break out to the upside if it happens to enter positions.


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