Wednesday 17 January 2018

Bitcoin USD: Still locked in a downtrend!

Bitcoin USD: Still locked in a downtrend, with downside P&F chart targets of 6400/5800.

Bitcoin recently hit the 11800 downside P&F chart target!

Looking  out for support to come in, and a 600 P&F chart reversal to the upside will signal a trend change.

This is a significant correction since the P&F chart sell signal around the 18000 level!

Could see support come in at the 8000 to 10000 levels!

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