SHORT BTC needs a little retracement for getting any higher?

in bitcoin •  7 years ago 

I think we may reach a little bit higher high but first BTC needs to bounce of the zone around 7450. It is previous high and also 0.5 fib of last swing high. It is also 20MA of the Bollinger (at the 2h TF). It is also bottom line of newly formed trend (an ascending triangle?)

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