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juansfirsttrade
May 27, 2018 12:31 AM

BTC Going lower :( Short

Bitcoin / DollarBitfinex

Description

I see Bitcoin at this moment going lower. I am targeting the -38.2% fib retracement and support level at 6767. Which will finally see stochastic on the daily and 4-hour to oversold. If bitcoin breaks that support level I do potentially see this going even lower to the 6408 completing the -61.8 fib extension. Open to suggestions.

Comment

I am guessing we might see 6408 level and finally see a strong push upwards.
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