BTCUSD,15: INTERIM CEILING AT 7800 fürBITFINEX:BTCUSD von phire

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parallelchannel supportandresistance billwilliams

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 .

Kommentar: Down we go now

called it on point, good work! :)

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JohnHazbolatow

@JohnHazbolatow, Thanks.

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Will it retest 6200 you think? Is 7800 a retracement level?

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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.

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phire

@phire, Actually, FIRST resistance is the trend channel in the chart. 2nd would be 6850 as more solid resistance.

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