BITMEX:XBTUSD   Bitcoin / US Dollar Perpetual Inverse Swap Contract
After looking at the chart , RSI , MACD , Volume , BOLLINGER BANDS expanding and multiple 4 hours candles close below 4010 across multiple timeframes a key resistance area as shown in the grey box. This leads to the conclusion that we will have a drop at least in the short termsoswing traders should take advantage of this opportunity to get in shorts . It is however in a key resistance area that has been tested multiple times so in case the scenario turns bullish do not get out of the short until it retests the resistance turned support at 4010 to avoid losses break even and then enter a Long.
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