BTC: a CUPle of good reasons to be bearish here.



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BTC: a CUPle of good reasons to be bearish here.

Hopefully the cup and handle formation is more than obvious to you guys, now that I've highlighted it and made it obvious.

You should definitely be short here.

Look for the bounce at the aqua support line followed by another liquidity bounce and retracement back to the major 0.768 fib retracement line which also happens to coincide with the 0.5 fib retracement for our local swing low to swing high as indicated in the Gann box .

Lets make some good profits here guys. This is the time, because obvious patterns on BTC can be hard to come by. Use this to your advantage.
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