YMI

BTC Current Resistance

BITFINEX:BTCUSD   Bitcoin / U.S. Dollar
BTC is now sitting at the .50 fib level of the prior sell off, which is now acting as a resistance. If this level is taken out we may see a continuation into $6900 next. I will revisit at the session closure to see the momentum of the bulls.
Sep 24
Trade closed: target reached: CLosed a short position with an entry at the resistance region to price support shown on the daily at $6400
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