astronautdotgg

Bitcoin - Short term trade

Short
BITMEX:XBTUSD.P   Bitcoin
In the short term point of view, Bitcoin looks like it could be forming a double top. This is our second time hitting resistance, and we are forming a bear pin on this last hour candle. Take a look at RSI slowly creeping into the oversold zone. I believe that we are in for rejecting this next fibonacci level and moving down. Increasing my short position here.

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