letheea

BTC - Not Enough Buy Pressure, Double Bottle , Danger

letheea Updated   
BITSTAMP:BTCUSD   Bitcoin
it seems btc can't hold the 16k resisdence . Then it had to be down at least h1*0,8 => 3500* 0,8 = 2800 ~3000
it saw 11500 ( panic sell ) .
Now double bottle again 13000 which head is 16000.
if trend not going to upward then it should be down at least h2*0,8 = 2400$ .
13000-2400=~11600$ support zone.
also with wide bottom left and side, 19 head - 13 bottom. 6k$
6k$ * 0,8 = 4800 down from 13000 = 8200$.
No one can force me to buy it from 11-12-13-14-15. I need to see over 16.5k $ .
So be patient and watch
Comment:
I wish we can see a reverse shooting star
Comment:
bottle :S *bottom. what am I thinking :) I cant edit it guys
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