khun

Bitcoin: The Very Last Support (Revised + UPDATES Inside)

BTCCHINA:BTCCNY   Bitcoin / Chinese Yuan
Sorry, had to adjust the downtrending line. Revised Support Area: 1375 - 1357CNY...
UPDATE5: Bounce now or repeat this pattern

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UPDATE4: The weekly StochRSI is pretty shocking by the way...

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UPDATE3: There is also a fib at 1362.07 (1.618 from the dump down to 1600CNY), which I just saw now...

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UPDATE2: Beware of possible fakebreak dip down to low 1300s (1313CNY).

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UPDATE1: Zooming out on the daily the lower end of the support area is more likely to be 1350CNY... So, 1350-1375. PERIOD! :D

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