mariellangsaez

Bearish correction for bitcoin

BITFINEX:BTCUSD   Bitcoin
For any of you that are trading CFDs, We see sales for a short period of time, let's hope for a retracement in the fibonacci, which in turn fulfills the double ceiling that is marked at 100%, besides that, we have the price cornered in a pennant, and most likely look for a return to the 200 moving average, we look for a sale up to 61%, if youre trading in an exchange, look out for the next buy level at 61% or 50% of the retracement.

Happy profits, use risk management.

Mariel Lang
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