sunilvedula

BTC ready for retracement

Short
BITSTAMP:BTCUSD   Bitcoin
BTC didnt give us a higher high above 48286. Now it is ready for a downside. I have already mentioned the downside supports also shown in the figure. we need to watch and see if it will retrace till 42050 or not. There are multiple supports in between, Still full retracement not yet ready but mkt can move sideways or will go to the first support till 46759

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