DragonFireTrade

Buyers Caputilation?

Short
BITMEX:XBTUSD.P   Bitcoin
As we so easily broke the downward channel and went below 9000$ as if there wasnt any support = Trend has completly changed. Moreover, break supported by high Volume wich means that Sellers took up the running. AT the moment it is more likly to bounce then downtrend will go on! 1D chart looks terrible and proves Buyers Capitulation!
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