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ALCHAMI
May 19, 2018 3:31 PM

BITCOIN DOWNTREND CHANNEL TEST 

Bitcoin / U.S. dollarBitstamp

Description

looks like we are testing this overhead downtrend line once again. Will we break it this time? Weekends are week... great setup bitcoin.... LOL

Comment

My target is still somwhere between the 61.8 and 65 FIB/ if we dont see a STRONG bounce from there, I will look to the next fibs below. BTC is notorious for faking us out just one step before we think, so WATCH OUT. We could easily break this trend line and stir up a bullish storm in this market 24 hours from now or
Monday morning in Asia.
Comments
ALCHAMI
We need to break this cloud before we can consider 10k +
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