Lord_Ashdrake

Possible ways of where we go with BTC in the next hour 1-2 days

HUOBI:BTCCNY   Bitcoin / Chinese Yuan
432 3 9
Possible situations of what might happen in the next hours / 1-2 days 4 November 2014
Which one has your preference?
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Well we have 2 possible movement upwards, and 1 possible movement downward, Personally I would wait to see if any pattern gets confirmed. If we have a full ascending triangle pattern, then up is very likely, but we've been in a severe downtrend over the past half year, so technically its "easier" for it to go down than up. If this doesn't make any sense let me know and I'll try to reformulate
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Maddie Lord_Ashdrake
Thanks for the very good and clearly explanation! I totally agree with that. Let's wait and see how the market will go and keep an eye on which pattern will be confirmed :)
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