From the 15min, we are in a . I expect the market to push down further to about $355/2170cny; the next major support. There is no support at this level, market is waiting for the next move.
I am still short from 381, holding tight. Do I know how far this downtrend will go? nope, not at all. Just going to ride it down until it reverses on me. I do live trades on twitter and reddit, so follow me there.
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