BitcoinMedusa
Short

Counting Beers, Bears & Bars

MTGOX:BTCUSD   Bitcoin / U.S. Dollar
377 0 0
Counting Beers, Bears & Bars. Allied techniques (simple patterns, pivots, waves, ICHI, EMA's) may prevail in coin as there seems to be a seeking of some equilibrium so that profit taking may begin. On the bar count approach last move was a 17 bars count, and now currently at a 14 bars count. Caution, always.
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