Downtrend (line) hitting towards resistance
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.
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.
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