BTC - Looks to be going lower to 7800

Bitcoin / U.S. dollarBitstamp

Description

⋅ Aug 13, 2019 4:24 AM

BTC looks to be going to lower to the .618 FIB at 7800 with possible stops at 10500 then back up to 11500 then lower to 7800.

However :
if BTC is bullish its going to have to prove it by moving above 12K,

Order cancelled

⋅ Aug 14, 2019 7:57 PM

closing this out as no bounce has occurred at the 10500 zone . Possible bounce zone will have to be lower at the 9800 to 9600 area,

Trend Analysis