BTC Update 6th Sept

in #bitcoin6 years ago

Update curtiousy of Altsignals

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After the breakout of the support horizontal
We can say that we are on the bearish side.
We see the standart TA pattern of continuation of downtrend.
Price consolidated in a bearish wedge and started going down from 61.8 Fibonacci level 0.16% .
Retracement, brokeout wedge support by strong impulse.
Waiting for continuation of descending movement.
Targets - 5850 - 5700 - 5200.
Don't forget the stop loss 🚨