Update BTCUSD: still down targeting fibo 1.27-1.618
Hello traders,
We are now following the channel to short BTC.
We had a long trade trying to trace a retracement a little earlier and stop loss hit.
BTC has a signal of stop dropping at fibo 0.786. Also a potential CYPHER , as chart shows, could send it back to 10k round, and could touch the channel again.
Meaning that red zone could be a good entry to short BTC again.
Less is more!
We are now following the channel to short BTC.
We had a long trade trying to trace a retracement a little earlier and stop loss hit.
BTC has a signal of stop dropping at fibo 0.786. Also a potential CYPHER , as chart shows, could send it back to 10k round, and could touch the channel again.
Meaning that red zone could be a good entry to short BTC again.
Less is more!
הערה:
הערה:
There are some bearish sign here.
If BTC cant breakthrough this resistance,
will see a retest of 7K first.
If BTC cant breakthrough this resistance,
will see a retest of 7K first.
הערה:
BTC is still moving up slowly and broke the small red resistance zone .
הערה:
