The details are explained in the charts .
Trade wit care.
Training : add to skype mangal457
I agree with this forecast idea: "Down is still correction for one more up move". If the price first goes down before a new rally that would satisfy both bears who are negative on the price, because of current unresolved fundamental issues (example https://twitter.com/paulvigna/status/710857354775019521) and also satisfy long-term believers and investors who want to buy much more ideally cheaper before the long awaited Bitcoin "block reward halving" event which will reduce the new supply of newly mined BTC by half in 16 weeks (see http://bitcoinclock.com/).