BTC Daily Update: 01/09/2018

The high clocked in at $7300, but closed as what can be considered a shooting star (reversal candle).

Price is currently testing short term support at $7140 and could go to $7031 and as low as $6950, which will still be within channel support.

A close under $6950 could drive price down to 6750 and 6800. A bounce off of support pushes us up closer to target $7430.00.

All targets are based off of current data and can change rapidly due to the crypto-spheres volatility .

Major Pattern: Rising Wedge ( Bearish )

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The Noodler Scripts Explained.
Video 1 Adding the Script to charts and Resistance & Support youtube.com/watch?v=JZzCzYo9T_w
Video 2 Price and Sentiment youtube.com/watch?v=HZEZ3ZyjCLY

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