Bitcoin
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BTCUSD short

325
Price action rejected at parallel channel high.
Along with a nice bearish candle pattern on daily chart
See a push through current channel for a pick up in momentum
Expecting a retest of triangle pattern intersection which also coincides with .5 fib retrace of current trend higher (30th dec - 6th jan)
Roadblocks along the way will be .382 retrace + mid line of the longer term parallel channel
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Retest of mid point
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Now nearing our support area
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14278 next support down: .618 fib retrace of recent uptrend + res/sup 1st+4th wave
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Testing bottom of parallel channel
Things are moving fast
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Upside momentum still capped by RSI trend
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