Potential downside on Bitcoin. Price is hitting resistance at the 50% Fibonacci Retracement zone. Price is also in a bearish trend.
Note
Waiting for the reversal confirmation still. No trades have been opened yet.Trade active
Short opened @ 49 592.96SL @ 50013
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.