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mi_khan

BTCUSD - Retest of low?

Short
Bitcoin (BITFINEX:BTCUSD)  
mi_khan Updated   
BITFINEX:BTCUSD   Bitcoin
Trend Analysis Chart Patterns Wave Analysis
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trendanalysis chartpattern waveanalysis
If the immediate lower trendline is broken, then any of the fibs levels on the chart, may be the levels to look for.

I don't see it falling lower than at max $6500 at the current moment, but it may of course reverse before that.

snapshot
Comment:
Seems like there is an SHS in the play as well:

snapshot
Comment:
With the SHS in mind, I would assume that BTC might just rebound then touching the SHS neckline (red line). That area has very strong support (pink color line), so it might be the turning point.
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