Bitcoin at support from previous trendline 10-23-2014

HUOBI:BTCCNY   Bitcoin / Chinese Yuan
From a technical analysis point of view, we stopped right at the previous red support I drew a while back. In addition, previous pullback was also around this area. I think we will chop around this area before continuing. Trend is down so I say we go lower, but I will be on my toes in the case we reverse.

Do you guys prefer I do short updates from time to time or a market summary once a day? Let me know what you think

I do live trades and bitcoin             market analysis daily. Follow me on my bitcoin             trading blog and twitter: ibankbitcoins.com, http://www.twitter.com/ibankbitcoins
I read a great deal but among all of this I welcome your daily musings ;) Long may they continue
hello i'm reading you every day and i would prefer read more!!
Thank you for your analysis
+2 Reply
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