1hr BTCE at a cross roads

BTCE:BTCUSD   Bitcoin / U.S. Dollar
264 0 0
On the 1hr BTCE chart the 200sma + Trend channel top + OTE             short ss             seems to be too much for her to overcome. Fail here paints 2 imediate targets. 1. small bear ab=cd point D at 50% retrace of entire rally. and 2. OTE             long sweet spot (if you believe these lows are going to hold) 428 area...lets see how she sets up into Sunday evening / early Monday morning.

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