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jy2tradez

BTC to 8500

Short
Bitcoin (BITMEX:XBTUSD.P)  
jy2tradez Updated   
BITMEX:XBTUSD.P   Bitcoin
Fibonacci Support and Resistance Volume
11
2
fibonacci supportandresistance volumestudies
Trending down, multiple closes below the daily 50EMA, fibs are lining up. Still have gap to fill in CME Futures around 8500. This is also about where the daily 200EMA sits, this hasn't been re-tested in a while. Strong support at 8500, I don't see it going any lower.
Comment:
snapshot

Looking for a retest of the 78.6 region around 9740 before we continue to drop
Trade closed: target reached
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