Bitcoin / US Dollar Perpetual Inverse Swap ContractBitMEX
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Hi guys from my last update I talk about potential THREE DRIVE pattern on BTC which gave me the confidence to predict a possible one more leg up which really happen as predicted and the target is already achieved on that.
Now its time for short call although as you know market is somehow risky, I'm going to tagged this as risky call so I provided a stop loss for the call.
Targets are show with our immediate target lies at 53xx level and final short target at 47xx Zone.
I wish us all the best. Please trade with care.
액티브 트레이드
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Having this on Binance with USDT
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Price surge back again to re-test the top level and failed to closed above our trendline, We are holding on to our short call.
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Do have a look on BTC dominance chart.
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Potential rising wedge on XBT
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Price reach our immediate support zone at 5610 Level
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Price trading in typical falling wedge like pattern with immediate resistance lies at 5713$ Zone, if this level break we have high tendency of making new high with target at 5895$.
My plan is to wait for the breakout of this pattern, if it break down then this will easily take us down to 5325$ Level.
I strongly believe that we will meet 200 week ma at around 3.6k to 3.7k. Would fit perfectly with your support zone 2.
But probably not without a short squeeze beforehand, like yesterday's move :)
Good luck and happy trading.
weslad
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@Cash-Dash, Thanks man, I have my eyes set on your target as well. But for now just trying to play with the current market trend.