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yomofoV
May 1, 2015 10:47 PM

mini doom Short

Bitcoin / DollarBitfinex

Description

vol gap in visible range has POC (point of control) at 226
for yesterdays pump from the bottom of 214 to 240, the POC is also 225.

you can see the high level support rejection from the horizontal green lines. gonna be tough getting much lower than 221 imo. unless it does what it did last weekend.

close shorts around the POC, go long at POC or just under.

note the 1h rsi is just hanging by a thread around 50, 4h macd is also about to doom.
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