pragmaticbestfit

My current analysis after 7400 breakout to the downside

Short
BITSTAMP:BTCUSD   Bitcoin
The way I have drawn the bottom of my 'triangle from Feb. 6.' the line has been broken. If there are not some more downside fairly soon or if my line is broken to the upside I would probably not use this line anymore. Apart from that it looks like we are really just fighting resistance from the top of 9900 channel.

Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.