Short
BTC should go down to T1 = 55 444
- Channel breakout seems to be a bearish trap
- Bearish rising triangle most probably will lead to drop
- T1 is 0.65 Fib Level = 55 444
- RSI is in the overbought zone
- MACD is high and have downticks
- Bearish rising triangle most probably will lead to drop
- T1 is 0.65 Fib Level = 55 444
- RSI is in the overbought zone
- MACD is high and have downticks
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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.