TheForecasters

BTC retesting $50 00

Short
BINANCE:BTCUSDT   Bitcoin / TetherUS
BTC seems to trading in a small up trend channel on the 1hr TF and is currently struggling with resistance at the 52 000 dollar area. If BTC doesn't overcome this area soon it might come back and test the 50 000 dollar area as support. This would be a very nice place to ladder some longs for BTC as it lines up with the bottom of this 1hr channel and the green ichimoku cloud.

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