$BTC.X $BTC BTC breaking down below trendline

21 Şub 2018

Along with a bearish reversal "shooting star" on the daily chart...a lower low on the 4hr chart and drop through the uptrend line points to next support at the 38.2% retracement at 9520. The prior low on Jan-17 at 8981 coinciding with the yearly R1 is also a possibility. Higher vol on the down bars and RSI pointing down are also confirming this move.