No clear direction - i'm waiting to short

OKCOIN:BTCUSD   Bitcoin / U.S. Dollar
Based on the news (btc-e has/had issue's / ddos attacks other exchanges?) i don't think we would hit 500 soon. My guessing is first the market will dump - price will go down to 330/340 and then buy. But i'm waiting to break the trendline and then join the move.

What do you think?
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