Verum0

BTC has more downside

Short
Verum0 Updated   
BINANCE:BTCUSDT   Bitcoin / TetherUS
After large sellofs we saw an uptrend in this channel here. With a few breaks above channel as seen by triangles and dipping back into the channel it gives me some indication that it doesnt have what it takes to stay above that upper trendline and cannot break above this resistane channel. Each break above decreased in size and failed to do so in the last attempt showing weakness. I am expecting a breakdown.

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