Bitcoin dropped perfectly to our support target, prepare for ano

٢ يناير ٢٠١٨

Price dropped perfectly previously to our major support level. Now we’re seeing major resistance below 14120 (Fibonacci retracement, horizontal overlap resistance, bearish descending resistance) and a possible drop could occur at this level to push price down towards 11258 support (61.8% Fibonacci extension, horizontal swing low support).

Stochastic (24,5,3) is seeing multiple resistance around the 94% zone onwards.

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