Hey Altsignals Members, as update for the last swing trade in our BitMex channel and public one, we need to make some quick and small updates.
1/ Price perfectly bounce around our entry zone and 0.5 fibonacci level.
2/ We're above 400% profits if u take an entry below the 8600 level (Signal was sent at 8540)
3/ On the hourly chart we're trying to break a parallel resistance, which is around 8930$. Only after break and create candles above the 8900 level in the hourly chart, we will see a bullish continuation.
So, keep your eyes open for a possible rejection of the current level, which could be the start for a ride into the 7200 & 7500 zone.
ATM we stay bullish taking adventage from our perfect entry.
Currrent Stop loss at TP1 ($8650)
Current support at $8850
Current resistance and possible breakout point in short term, above 8950 and 9050.
1/ Price perfectly bounce around our entry zone and 0.5 fibonacci level.
2/ We're above 400% profits if u take an entry below the 8600 level (Signal was sent at 8540)
3/ On the hourly chart we're trying to break a parallel resistance, which is around 8930$. Only after break and create candles above the 8900 level in the hourly chart, we will see a bullish continuation.
So, keep your eyes open for a possible rejection of the current level, which could be the start for a ride into the 7200 & 7500 zone.
ATM we stay bullish taking adventage from our perfect entry.
Currrent Stop loss at TP1 ($8650)
Current support at $8850
Current resistance and possible breakout point in short term, above 8950 and 9050.