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thor08
Oct 8, 2020 7:09 AM

Down Short

Bitcoin / TetherUSBinance

Description

Timeframe is becomming short and short for this triangle.
The upper resistance is stronger than the lower support.
I think a down movement can happen between today Oct. 8th and 11th Oct. First target should be the 0.21 Fib zone as depicted, but the whole mood in the week-month is bearish, although yearly is bullish.

Good luck.

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