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cnbbcn Updated 

We have another inverted H & S on the H4 charts. At the moment we are curving the right shoulder and can see some low prices around 22$ or maybe lower.Eventually our target updated to 32$ from 28$.

cnbbcn Updated 

We can see this on hourly graphic. target is 28$ in short term.

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As we see on our graphic , there is a rising trend line which comes from 5800$.During the last fall it got broken and price curved a falling channel which you can see with green lines.Right now we are at the spot where BTC is going to make decision to continue higher or heading to 10000$. In my opinion BTC will continue higher and we will see new highs around 25K -

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As we see on our graphic , master fibonacci says that 15,67 is a very important level during this sell off. It is 0.382 level of our historical low and high prices.Usually in a healthy correction price may fall till fibonacci 0,382 and 0,500 levels. In our case, a daily close over this price going to prove that it works as a support.

cnbbcn Updated 

Upside looking more possible.Blue horizontal line is our support and you can see the resistance up there.