Gandalf123

Another Fib line approaching - good time to sell

Short
BITFINEX:BTCUSD   Bitcoin
Every time fib lines have approached so far, it's been a good time to sell. The magnitude of drop seems to be at the 0.236 line in each instance, compared to a lower level of support. If the pattern continues, it will go to 5778. I think it will go lower, but that's what THIS pattern suggests. I expect some FUD to come about in the news to take the "blame" for this latest drop.
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