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BTCCNY - Broadening Wedge (Descending)

Long
beamer  
BTCCHINA:BTCCNY   None
BTCCNY Descending Broadening Wedge
1
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btccny descendingbroadeningwedge
BTC has been seeking its support area after the announcement of the first mined XT block, following with the US law that forced NY people to sell all of their BTC and close their accounts. I believe that the price will hit its bottom around 138x CNY, form the triple bottom and bounce to test 1600CNY.

Good buy around 1422-1380 CNY
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