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FiboSwanny

$3120 still next key support target for $BTCUSD

Short
Bitcoin (BITFINEX:BTCUSD)  
FiboSwanny  
BITFINEX:BTCUSD   Bitcoin
Trend Analysis Chart Patterns Technical Indicators ADX sellinginterest Fibonacci Extension Bearish Patterns resistance_level
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trendanalysis chartpattern indicator adx sellinginterest fibonacciextension bearish resistance_level
With the price hitting the 61.8% Fibonacci extension level as resistance and sellers coming back to the market, the $3120 traget is still in play.

Internal momentum is to the downside with an ADX showing strength for trend. Look for selling interest to continue.

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