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NeoButane

$BTCUSD - Looking bearish short term, shorting opportunity

Short
Bitcoin (BITFINEX:BTCUSD)  
NeoButane  
BITFINEX:BTCUSD   Bitcoin
Support and Resistance Fibonacci Trend Lines Cryptocurrency Bitcoin (Cryptocurrency) margin margintrading
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supportandresistance fibonacci trendline cryptocurrency bitcoin margin margintrading
$BTC has been unable to breach resistance, going sideways against it. If it continues to go sideways, eventually it will tire out and we'll drop to support; the next supports are around $7700, $6900, and $6300. Although there is no support line around the mid $6000s, it is fully possibly for a rebound around that area due to how cheap it is and close to the bottom.

On the 5m interval:
snapshot
My published indicators: www.tradingview.com/u/NeoButane/

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