Bitcoin
Short

BTC fib channel

By purpurato59
Updated
This Fib channel frames well price action and the 0,236 is now acting as resistance. It is highly possible that we revisit the 0,5 and even 0,618 retrace. Weekly and daily momentum both show downward pressure. I will keep my short for a few days, unless resistances are broken.
Trade active
Bear force still there
BTCfibParallel ChannelWilliams %R (%R)
purpurato59

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