With reference to my previous
BTCUSD
analysis linked to below, I initially stated that if price breaks below the 6000 price-point, we could see BTCUSD fall to 5250-5000. On the daily chart, the previous day's candle is a reversal pattern and the price level being resisted is in confluence with the 50% Fibonacci retracement level.
You can SHORT BTCUSD now @6254 or wait until in pierces 6000.
Watch the video linked to below for a deeper understanding of this analysis/outlook.
BTCUSD
analysis linked to below, I initially stated that if price breaks below the 6000 price-point, we could see BTCUSD fall to 5250-5000. On the daily chart, the previous day's candle is a reversal pattern and the price level being resisted is in confluence with the 50% Fibonacci retracement level. You can SHORT BTCUSD now @6254 or wait until in pierces 6000.
Watch the video linked to below for a deeper understanding of this analysis/outlook.
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