mi_khan
Short

BTCUSD - Retest of low?

BITFINEX:BTCUSD   Bitcoin / U.S. Dollar
If the immediate lower trendline is broken, then any of the fibs levels on the chart, may be the levels to look for.

I don't see it falling lower than at max $6500 at the current moment, but it may of course reverse before that.

Comment: Seems like there is an SHS in the play as well:

Comment: With the SHS in mind, I would assume that BTC might just rebound then touching the SHS neckline (red line). That area has very strong support (pink color line), so it might be the turning point.
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