yadudoc

Nice short postion based on downtrend channel

Short
BITSTAMP:BTCUSD   Bitcoin
1
Short position. RSI divergence on 15 mins.

Poor fundamentals currently with Gox going belly up. Not a time for a sustainable bull run.
Channel will likely hold, especially with volume falling off near the top.
Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.