traderofoptions

Bitcoin Volume Well Rejection

Short
KRAKEN:BTCUSD   Bitcoin
Bitcoin is setting up to realize a continuation move from a bearish flag. All the signs are there, the Volume Well on the profile is a slippery slope, with some past support afforded by a nipple shelf smack dab in the middle of the well. I threw in a fib retracement for the pleasure of you numerology weirdos, but it doesn't come into play.

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