CapMoore

#1 Crypto H1 BTC/USD Some Retracement Dec 27 2017

BITSTAMP:BTCUSD   Bitcoin / Dolar
Price took out the 16100 level, returned and failed to
find support, which puts previous support in focus at
15600. A close below that level with open up for a move
towards the lower channel and 15000 level.
We need to see a close above the 16110 level for more
upside on intra day basis. Note that the medium line of the
channel gave resistance. A break of that will be quite bullish .
Daily pivot point at 15218 is another intraday downward
target, if it continues lower.
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