SheaBarry

BTC - Small Correction, Then Long

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BITMEX:XBT   比特幣
I expect a correction to the downside. Targeting the green rectangle between the 0.5 and 0.382 Fibonacci levels, which coincides with the 200EMA, as well as previous resistance at $10155

RSI has now shown a lower high after being well into the overbought region. MACD crossed over indicating bearish divergence.

Posted this a few hours ago with incorrect chart.

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