BTC has been trading downwards, exactly what I expected yesterday. The price reached my first downward target from yesterday at the level of $6.845. Momentum Is still strong on the downside and I do expect second target at the price of $6.540
Eventual breakout of the $6.820, would confirm test of $6.540
MACD oscillator is showing negative reading below the zero and the slow line is heading downside.
Stochastic oscillator is showing fresh new bear cross into the oversold area.
Resistance levels are seen at $7.032 and $7.134
Main support level is set at the price of 6.540
