BTC|USD - Bearish Engulfing

BITSTAMP:BTCUSD   Bitcoin / U.S. Dollar
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Warning: definetely you should not short it from current levels.

We got the bearish engulfing candlestick pattern and support trendline is broken. But still price on strong horizontal.

Only in case we break the horizontal (close below 9400$) we can go short.

For price turn to be bullish again at least we should see a close above support trendline or better a higher high

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Not a Financial Advice


Bitcoin has finished ABC correction and will go up after weekend! This idea below explains why:
PPl so blinded
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