SheikYirbuti

BTCUSD BB/SMA Cont...

Long
SheikYirbuti Updated   
BITSTAMP:BTCUSD   Bitcoin
BTCUSD

As Predicted.

Lines represent previous resistance, now becoming possible support but I expect further breakdown in the future.
Comment:
As of the time of this commecnt, the price has fallen back down to the first line of previous S/R.

I expect a further drop to the 3500 area and then further down to 3300.

The only really relevent Blue line here is the upper most one. I've removed the rest from my chart.
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