Bitcoin / US Dollar Perpetual Inverse Swap ContractBitMEX
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XBTUSD stopped its rally today after rejection at resistance and is now trading below $9000.
Levels I see: $8900 - $9300 for resistance and $8650 - 8500 for the support.
XBT could continue correcting lower to $8400, so I prefer to wait here and watch. After a new range will be established I will be looking for entry points for longs.
Overall trend is still definitely bullish for me, even $8000 retest(purple line) will be fine.
Hit the "LIKE" button and follow to support, thank you.
Information is just for educational purposes, never financial advice. Always do your own research.