bitcointrader3764

7600 - 7200 - 4500...There seems only one path to take....

bitcointrader3764 Updated   
BITSTAMP:BTCUSD   Bitcoin
here is my chart. Ive taken out a bunch of the lines that are no longer relevant and left in what seems to be applicable. Im still waiting and will be til we hit the 4500 level when ill see where we are on volume etc.
We may bounce a couple of times inbetween at 7600 and possibly at 7200 but the longer it draws out, the less likely the 7200 bounce will happen and we may just crash to 4500...IMhumbleO...we will see. Good luck to all...no advice here just commentary.
Comment:
@nima69, i was thinking it was too early for the bear market to be over...still do..and im not saying that 4500 is the bottom...its just a long term trend line that may well be breached for a while...but will play the bounces at the levels i mention should they happen and look to go long on the market as a whole in the first half of next year...if all goes to plan!!
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