Long
Break of the falling wedge to bring $940s
A falling wedge formed from the top. Breaking the upper line is bullish and I am expecting a retrace to at least $940. This could turn into a lot bigger advance later on.
$942 is the 38% retrace from the top.
Note: The chart is for XBTH17 futures contract on BitMEX. Sign up for an account to trade BTC futures with BTC without converting to fiat: goo.gl/mSpIAc
$942 is the 38% retrace from the top.
Note: The chart is for XBTH17 futures contract on BitMEX. Sign up for an account to trade BTC futures with BTC without converting to fiat: goo.gl/mSpIAc
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.