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CryptoSlots777
Jul 9, 2021 12:27 PM

BTC low risk short Short

Bitcoin / TetherUSBinance

Description

Daily reject again by the 20 EMA, lower high. No breakout on the RSI trendline.



1H looks like a bear flag rejected between 0.5 and 0.618 Fibonacci levels with a potential measured moved target of ~30200$. Targets lines up with Fibonacci extension 1.618.

We could be forming some sort of bullish cypher but it is still in development on the daily.
Comments
ManOFCryptoWorld
a lot of risk now
both short and long
HelloWorld736
Short and long are both high risk between 41k to 27k
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