phire

BTCUSD,15: INTERIM CEILING AT 7800

BITFINEX:BTCUSD   Bitcoin / U.S. Dollar
BTCUSD             ,15: INTERIM CEILING AT 7800. STILL MUST FALL AND RETEST AND BREAK MINOR NEW HIGH BEFORE CONFIRMATION TO GO LONG. 60 & DAILIES STILL BEARISH .
Comment: Down we go now
called it on point, good work! :)
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phire JohnHazbolatow
@JohnHazbolatow, Thanks.
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Will it retest 6200 you think? Is 7800 a retracement level?
Reply
phire userbeauty
@userbeauty, Retrace down to 6850 = 1st resistance. If it is bullish signal reversal it will bounce from there. If it breaks down it will attempt to retest low @ 6000 to make a new low to fulfill wave pattern down.
+1 Reply
phire phire
@phire, Actually, FIRST resistance is the trend channel in the chart. 2nd would be 6850 as more solid resistance.
+1 Reply
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