Bitduke

XBTUSD: Trading The Range

BITMEX:XBTUSD.P   Bitcoin
The last few days, bitcoin has stagnated in range 8000 - 9499, so if you OK with intraday scalping I think it's possible to trade it.

Long below ~8050
Short from ~8190

But in my opinion R:R of these trades are quite low.

And because of I'm bullish biased I'd better be long 7700-7800 if it happens.

In the long term I'm looking for longs targeting 8400-8700

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