BitcoinShort
BTC - 4 H - DOUBLE TOP TARGET @ 17791.68 REACHED
Updated
The bottom of clouds acted perfectly well, so far, in stopping the sharp downside move.
No change, further downside in the cards
Downtrend intact
Sell rallies
Focus on 38.2% Fibonacci retracement @ 15798 (see D1)
No change, further downside in the cards
Downtrend intact
Sell rallies
Focus on 38.2% Fibonacci retracement @ 15798 (see D1)
Note
Clouds support brokenPullback failure towards the clouds
Lagging line "Chikou" below the clouds
All ingredients for further downside to come
Daily picture with long black candle in progress !
Focus remains on 38.2% Fibonacci retracement @ 15798 ahead of lower levels !!!
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