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BitDAO Perpetual Futures

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BITPERP trade ideas

BITUSD H1 After bottom pattern was completed on 8/23, has begun to go uptrend, On 8/29.30, backtested support line, continue to valid 9/2 break above the resistance line of ascending channel then pull back with increased volume 15m TF, MA9,12 entangled with each other and broke below MA144, 169 Current bias: consolidation between 0.615-0.630 Until it effectively breaks through the short-term resistance (0.635), will continue to be bullish (H1 MA is still bullish, uptrend structure hasn't been broken) If falls below 0.60, it may be a potential reversal trend in short-term Personal opinions do not represent any investment advice Any suggestions and feedback are welcome
FTX:BITUSD
by Aki_0123