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Tuesday, May 04, 2021

BTCUSD short view

BTCUSD short view

Bitcoin / U.S. dollar BITSTAMP:BTCUSD

If we set the Fibonacci level, we see that the pullback was at 61.8%, then we can draw the resistance line from the top, and from the bottom, we draw the line from the previous higher high to the previous low, making one falling channel . Based on this setting, a drop can be to $ 42,000.

from TradingView Ideas
via gqrds

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