jayyeezy7

jayyeezy7

I personally don't really trade bitcoin but its what I currently see. Seems to have multiple touches above the key level on the fib line being 61.8 level if continues to hold we can see to test 9800 area. if not I see it dropping back down to the 6800 range where it holds another strong support

jayyeezy7

possible shorting opportunity, will be watching this closely if it can stay below the trend line and find its way back down

jayyeezy7 Updated 

if support holds above the 20 day moving average, could continue to be looking bullish. might pull back a little to previous support. Target at 147.250.

jayyeezy7 Updated 

not much movement today, waiting for a breakout. well see which way it decides to go. my bias is that its still bearish

jayyeezy7 Updated 

pulled back, watching closely to continue its downtrend from here

jayyeezy7

i see a possible head and shoulders forming here, but anything is possible.