LeMogwai

Possible imminent dump, beware of the bears

Short
BITFINEX:BTCUSD   Bitcoin / U.S. Dollar
13
The price seems like stuck below the kijun (purple line), which is proving the weakness of the bulls and their lack of motivation to try to reverse the trend at this level. The next key support is the 150$ area and then the 100$ area.

There is a little possibility for a bullish outcome if the price finaly cross the kijun and close above, the cloud resistance is weak and can lead to a price of 250$

According to this lecture, i m advising to follow the trend and jump in the bloody train as soon as 200$ is broken again, not before.