BITMEX:XBTUSD   Bitcoin / US Dollar Perpetual Inverse Swap Contract
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Dear traders,

as you can see on the chart bitcoin is in a triangle.
The end coming soon, will it break down or up?
if it break down it will hit the ema 21( apr . 8500), if it bounce bitcoin will be bullish
if it not hold we will go support ( apr . 7000)
Rsi is now low, so i think we will go up to top triangle( apr . 11000) where we will have a rejection.
So 11000 will be a good short.


Good Trading,

Hans

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