ItisCalvin
Short

Bitcoin Stall. Will Piliots Be Able to Recover?

BITSTAMP:BTCUSD   Bitcoin / U.S. Dollar
261 0 4
Every indicator is still in SELL signal for the time being. MACD has been unable on many occasions to break into upward BUY territory.
Stoch , RSI and Stoch RSI have been just above OVERSOLD leading me to believe that this will continue.
Possible bounce up to 590 isn't out of the question which would still keep most indicators below OVERBOUGHT.

Bear target: 532
Bull target: 588

Extreme Bear Target: 510
Extreme Bull Target: 649

Level Price Range*: 550-563
*Price Before Breakaways possible
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