BTC Short

20 авг. 2021 г.

As we can see in the chart the current resistance is acting strong and the price is losing momentum, based on the RSI we are having lower lows and on the daily short trendline, we can see a bearish breakout which means the price is most likely to go down to previous support zone (41-42K) which based on the FIB retracement happens to be on the golden number 0.618 as well as having the support of EMA50 making it a strong support zone.
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