PW
Short

850 Stamp

PW  
BITSTAMP:BTCUSD   Bitcoin / Dollar
88 2 0
Possible outcome:

A retrace to the major downtrend line (drawn from ATH             double top to recent triple top) would mean a 850-860 target on Stamp in 12hrs.

I think it is very unlikely we will go higher than $860 and I will be shorting at this level. Disclosure: I've been long since we broke out of the down-channel.
Update: Respect to LeMog for this chart which I am now following with a short position. I have added some comments.

snapshot
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Update: Target hit (although we didn't rise has fast I thought we might). Getting out for now to see what happens.
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