boraxsus

Cooling off for sometime

Short
BITFINEX:BTCUSD   Bitcoin / U.S. Dollar
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7
Expecting price to lower until midline of the parallel downtrend channel and see the price how react around midline . No trade recommendation.
Comment: price has shown weakness on support channel and exactly found itself down bottom of the parallel mid-term channel. In following days I am expecting bounce back to 7700 around the dotted down mid line and if it breaks it may reach up to 8500 levels as a good short position chance once again.

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