The B of elliot correction forming

BITFINEX:BTCUSD   Bitcoin / U.S. Dollar
154 0
- What we see here is B of the elliot correction waves forming
- also the double top that formed is confirmed
- Volume is decreasing that means we are on resistance now
- Also we are still in the downtrend
- In the 1 day chart its all red and a little little green candle is forming what is already decreasing

All signs we have now are still bearish , that is what the charts say. There are not much bullish signals.

Good luck with your trades!
Mar 10
Comment: Okay, as we can see BTC had a bounceback at the resistance.
Scared bear is incoming.
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