dopebroker
Long

BTCE says CUP & HANDLE!

BTCE:BTCUSD   Bitcoin / Dollar
A quick look at today's potential action. Right now is as good of a time as any to establish long positions.
Hi. Is that not a double top at 667.69? Would that not normally indicate end of uptrend? Thanks a lot
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dopebroker johnrfraser
It depends on the way it plays out. If it breaks down below 610, then we're looking at a double-top and all bets are off.
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johnrfraser dopebroker
By that do you mean solid bars closing below 610, not just the odd tail? Thanks a lot for getting back
John
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Updated slightly
snapshot
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johnrfraser dopebroker
I see. What do you make of the 'retrace to 540' crowd? And the 'retrace to 200' crowd or that matter?! :-)
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dopebroker johnrfraser
Time will tell right? I wouldn't mind a retrace myself, would love to buy more cheap coins. :)
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