mycotoxin

BTC - Looks to be going lower to 7800

mycotoxin Updated   
BITSTAMP:BTCUSD   Bitcoin
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:
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,

Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.