magbrr

BTCUSD Short

Short
BITFINEX:BTCUSD   Bitcoin
With BTCUSD -8.09% forming an evening star pattern at critical resistance level , we favour deeper correction of current upward momentum towards 50% retracement of 11239.0 to 7878.50 @ 9558.70. Overall view is still mildly bullish provided price is contained above 38.2% retracement of 11239.0 to 7878.50 @ 9162.2. Price close below 9162.2 will invalidate any bullish bias

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