We aim for 1451.98 in the next 5 days to be precise.
As long as price remains below 2130.92 in the okcoin spot chart., it's highly probable to see this target get hit.
In case we see a retracement before, the level to take heed of is the high node at 1550 and the low
support on chart.
See the annotations for more information.
We have taken a short entry with my group, around the 2148 mark, and also at 2094.4, using the quarterly at okcoin. Trade has made us 100%, so , we have booked half of it already, and are holding a risk free position.
Contact me for information on joining my live trading room. It's aimed at traders who seek to get safe entry and exit points to maximize profits and minimize risk. Contact: skype @ ivanlabrie, PM here or QQ (364658927 / 2954487803). http://pastebin.com/SUWMzJBw
A daily close above yesterday's high will be bullish for BTC which might march up in a correction.
My short was a nice profit, then trailed to break even but the daily time at mode downtrend signal has failed for now.
I'll update in a couple hours.
Monitoring for short.
I'll update when the downtrend cofirms again.
Triangle apex narowing ta lot today. Tomorrowmight giver a signal.
Will cover the entry live. Announcing webinar date and time here.