ChartArt
Short

Bitcoin volume decreasing, short price fall imminent

BITFINEX:BTCUSD   Bitcoin / Dollar
272 1 3
The Bitcoin trading volume is decreasing and the price is slowly sliding lower and lower. I expect a short drop into support before the rally can finally continue..

Short entry: $235
Stop loss: $237.5
Profit target: $227

// UPDATE: I also made a 4 hour VWAP chart:

Volume (VWAP) bearish

Volume (VWAP) bearish
Great insight, I do agree with this.
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