BTCUSD Weekly (24/2014) Chart Technical Analysis

BTCE:BTCUSD   Bitcoin / U.S. Dollar
219 0 0
The BTCUSD             weekly chart shows the following signs:

The BTCUSD             pair decline from 640 last week until the bottom of KUMO and on the Kijun Sen .

The MACD has given a bull sign 3 weeks ago and the RSI is neutral.

I expect that the wait and see is the preferable strategy here. See the 4H (15.06.2014). analysis for more details.

If the pair reacts here, the only technical advisor is the SPAN A of KUMO and the CHIKOUN Span at 604.
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