Looks like 1 More Leg Down SHORT BTCUSD

BITSTAMP:BTCUSD   Bitcoin / U.S. Dollar
Not a fan of this basing price action over the last few hours after the downturn yesterday. Judging by the price action and the RSI that looks like it just hit resistance, I think one more leg down is in order. I may take profits anywhere after the first horizontal line depending on how price moves but I think the 2nd line is in order at least. GL
Very wonderful risk reward.
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