BTCUSD Encountering Resistance Zone - Possible 3-day Drop

MTGOX:BTCUSD   Bitcoin / U.S. Dollar
455 0 4
Bitcoin             is about to encounter the top of a falling channel . A rising wedge is clearly visible on the daily. Time cycles and decreased volume point to a nearing breakout. Selling pressure from profit-taking off the 455 bottom, combined with renewed fears of those who missed the two previous chances to sell in the 900-1000 range, may result in a 3-day downtrend with targets of 550, 360, and 220 after testing support in the 670s.
EN English
EN English (UK)
EN English (IN)
DE Deutsch
FR Français
ES Español
IT Italiano
PL Polski
SV Svenska
TR Türkçe
RU Русский
PT Português
ID Bahasa Indonesia
MS Bahasa Melayu
TH ภาษาไทย
VI Tiếng Việt
JA 日本語
KO 한국어
ZH 简体中文
ZH 繁體中文
AR العربية
Home Stock Screener Forex Signal Finder Cryptocurrency Signal Finder Economic Calendar How It Works Chart Features House Rules Moderators Website & Broker Solutions Widgets Stock Charting Library Feature Request Blog & News FAQ Help & Wiki Twitter
Profile Profile Settings Account and Billing My Support Tickets Contact Support Ideas Published Followers Following Private Messages Chat Sign Out