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divan1004
Dec 23, 2019 7:01 AM

BTCUSD Short

Bitcoin / DollarBitfinex

Description

Not a financial advice or something like that.

At this long term upward channel 0.236 is quite reliable ratio that can be looks like the bull's territory.
now BTCUSD is hovering just over 0.236.
on condition that BTCUSD is heading for the another ATH, it has to keep its price on over 0.236.

BTCUSD is facing 3.618 resistance now. it have to breakout its long term fibo circle to make a trend reversal or something like that.
It also need some huge monthly volume to back up its further direction.

I think 10200~10500 is very importance range to the moonbois.
When it comes to over 11k or so, my position will be changed to that of the moonboy. ;))

I still think that the market needs more blood and tears for the new era(2nd phase of the crypto market).

Anyway take your own risks & get some money.

Comment

Comments
SKYLOBSTER
Whythe 17.618-super curious.
divan1004
@SKYLOBSTER, no meaning. just a copy of the history. I have very bearish thought on BTCUSD but, in case of that BTCUSD keeps its upward trend for a while, It could get to the 6.618 fibop circle resistance at around at there.
<- half fun, half hopeum.
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