XBT-Analysis

ikigaitrader01
ikigaitrader01
Jan 17, 2020 at 1:42 AM
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Reason
-Weekly Analysis measuring the impulse the price rejected at 618 golden ration (8900 area)
-Daily price action showing sign of reversal to the downside for retracement after a strong move to the upside
-on 4H timeframe the price is forming a double top pattern which is also a bearish pattern.
-Price might retrace 8200 -8500 range.
-Please do your diligence.
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