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BTC/USD : Short opportunity on Multi Time Frame

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Bitcoin (COINBASE:BTCUSD)  
Foralex  
COINBASE:BTCUSD   Bitcoin
Trend Analysis Support and Resistance Fibonacci Forex Cryptocurrency BTCUSD ETHUSD short probability setup
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trendanalysis supportandresistance fibonacci forex cryptocurrency btcusd ethusd short probability setup
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Hi guys !

Based on a multi time frame technical analysis , we think that BTC /USD is currently short.

Confluence of :

- Double EMA cross on MTF.
- Double breakout and rejection of previous structure

Based on our algorithm, there is more chance that the price goes down then up.

The target is marked on the chart (fib extension -0.382)

Please, let us know what you think of this idea.

Thanks !

- Alex
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