ryopphdi
Long

BTC discussing several scenarios, positive one has 55% chance

BTCE:BTCUSD   Bitcoin / U.S. Dollar
20151117 BTC             has reached support area in the region of $300-310. there is several possibilities currently:
- variant 1 (violet / probability 45%) - breach to the downside which will probably conclude close to $250-260. this variant brings negative medium term consequences (more weakness to follow after correction to the upside)
- other variants (probability 55%) - move above $350-360 opens several possibilities. most probable is rise to $450 or higher


Not much has changed last few days. We are still waiting for break-out from current consolidation.
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