Bitcoin / US Dollar Perpetual Inverse Swap ContractBitMEX
Descrição
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After roughly 30% down, Bitcoin has formed a multi-day disjointed angle and a rough formation of an Inverse head and shoulders pattern. Thus creating excellent trading opportunity for those sitting on the sidelines.
I apologize for the delay, at the time of this publication BTC was Testing Entry 1 displayed above. We may get lucky enough to test again, or possibly Entry 2 a little further down. The trade setup is as follows:
The trade:
Entry 1: 10255
Entry 2: 9931
Target 1: 11450
Target 2: 12490
Stop/Loss: 9200
I hope you all found this publication interesting and maybe even a little helpful.