BINANCE:BTCGBP keeps its downtrend.
As expected, the price continued down towards a previous resistance (from 8th Sept), coincident with Fibonacci .618 before bouncing back towards the trend line.
BINANCE:BTCGBP hourly chart.
BTC uptrending between support and resistance; monitored with trend line and Fibonacci. Fibonacci level matching resistance.
Price hit resistance, performed swing high and began downtrend.
Downtrend monitored with trend line. Doji candles showing lack of strength from buyers.
BTC shorted 16885 with take profit at 16747.
BINANCE:ETHGBP
R/R ratio 1.56.
EMA 21 moving down to touch EMA 50 1D.
RSI close (yet still above) midline. It had crossed the signal line about 1.5 hrs before.
MACD crossed top-to-bottom the signal line (~40 min ago), trending down.
4H: Bull
D: Lateral
W: Lateral
