BITFINEX:BTCUSD Bitcoin / Dollar
The neckline of the triple top has been breached along with the the orange ascending . These are strong sell signs, especially when considered with the possible which predicts movement below $550. If $550 support is breached we could see a move all the way to the bottom of the red channel. However, if we see the formation of a near $561 soon this could indicate a rebound to the top of the red channel.