Curent channel BTC is moving in -

BITFINEX:BTCUSD   Bitcoin / Dollar
The current Channel BTC             is traveling in is indicated by the blue lines.
Dropping below Line B or 7600 may indicate drop to the 6K area

BTC             will need to stay above the green line - ( 7600) to provide a shot at a reversal upwards.
Also breaking above line A is a good sign of a reversal upwards.
Cheers mate for your analysis! Been learning a lot from you. Legend
mycotoxin Solarmass
@Solarmass, Cheers appreciate your feedback and support,
Nice T/A definitely gonna follow you. I still think we are going to see another corrective leg down
mycotoxin SilverStar84
@SilverStar84, Cheers Yes agreed , but we never know with BTC as it can change direction mid-flight. We can confirm if breaks below 7600 or exits either line A or B.
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