ThiagoNobrega

BTC Retracement

Short
BITSTAMP:BTCUSD   Bitcoin
Swing trade for btc retracement
ST: 9200
TP: 6200

btc is struggling to keep moving forward, we can cleary see that by the weekly indecision candle formation and and now price is getting a little traction to retrace towards the fibo level's and the 1st support at 6200 looks achiaveble.

Furthermore, a few trend indicators such as the RSI and the Stoch-Rsi are both overbought which could be giving sell signal.




- this is not financial advice, just my thoughts on it.
good luck on your trading and always keep studing,
thanks a lot for the support and thumbs up =D

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btc: 3HYVZQyoXZaeAjwRDKhNLjBTdGR5ezKM5h
eth: 0xd91d29dd45d86a55305d85663589a62ad7cc1cf4
litecoin: LbPDEHdFWLThxvRNtseexPNpEbfF6E4Lhp
ada: DdzFFzCqrhssPP5KozkeNEiVL6XyHZAt5hsNSJv5hRy3fFE1HoYCN73TeCEHqL1FwdZUdt2dMGqBD7ue4Yxnx21m6AUZCtYvBEA9rCWz
dogecoin: DTqKhWirwmDJ7P2azLHjQFSWZ1hk296sze
monero: 8Boo4jUAEZX6p1e8PixDGiULYu9ewqVk1hNBTKvnXQxBhG5afsKV774SZ8dnWnZtNi166pnL1fyfsVsUMTo8678THz92wn2
dash: XgLqsyzgXAiU1vv6wPLiYxQaHDtQ45YXMy
digibyte: DFjF4MSzH1EJ6owxfg1dLeS5sSrknhJqSb
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