BITMEX:XBTUSD   Bitcoin / US Dollar Perpetual Inverse Swap Contract
Ascending triangle on the 15m chart

This pattern that is in play on the 15m is the same as the pattern seen from the 25th Nov to the 29th of Nov on the 1hr chart

RSI on support line on the 1D chart

1HR macd just crossed over into a buy signal

R/R = 4.95

looking for a explosive move up followed by a slow deterioration of price action back down to these levels or lower
Dec 11
Comment: Dont usually go fro longs close to horizontal resistance, but given the bounce off diagonal support and the tight stop and the high R/R i would partake in this trade


Home Stock Screener Forex Screener Crypto Screener Economic Calendar How It Works Chart Features Pricing Refer a friend House Rules Help Center Website & Broker Solutions Widgets Charting Solutions Lightweight Charting Library Blog & News Twitter
Profile Profile Settings Account and Billing Refer a friend My Support Tickets Help Center Ideas Published Followers Following Private Messages Chat Sign Out