BITMEX:XBTUSD   Bitcoin / US Dollar Perpetual Inverse Swap Contract
On the 1D timeframe, the recent downward movement can be considered as a false breakout of the ascending channel . The local picture is also quite bullish now, on the 4H timeframe. formed an inversed Head and Shoulders . Therefore, at the moment, while the price is within the boundaries of the ascending channel , an upward movement is most likely.


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