ttafa

BTCUSD Pivot objective reached @ 7640

BITFINEX:BTCUSD   Bitcoin / Dollar
On 1/2/18 I posted 'As long as price is capped by moving average ribbon, losses are expected to persist'' and I marked 7640 as a level to watch out for. Price reached a low of 6024 on 6/2/18 but has since bounced back above 7640. I expect price to correct higher to test the descending TL marked before renewed pressure to the downside.
At least this chart looks accurate and kinda beautiful. Others idea often looks like a complete mess. Is it stoch rsi?
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ttafa serpentineone
@serpentineone, Yes its stochastic
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