SunnyBTC
Short

Short until I'm long again

BTCE:BTCUSD   Bitcoin / U.S. Dollar
So we've just touched the 1 day 100 Moving Average on all exchanges. Traditionally it could be a place where we do the hokey cokey for a bit, but given the circumstances with RSI being very high and the OBV OSC divergence we've seen for the last 3 legs up here - I believe it's time for a retracement. We are currently in the 1 day cloud and have come close to touching the top just before the 1 day 100MA got in the way. I don't believe we will breach this area in the next 5-7 days but we will retrace. Looking at bottom targets, the 50% retrace is at 476.73, which also happens to be price of the first launch point from the bull 1st flag of this phase and has a target of 633.32. This also will likely coincide with support from the bottom of the cloud and also the 9/41 day MA's.
What do you think the ETA on 633.32 will be - a couple weeks?
Reply
Thanks, its following your prediction pretty closely so far
Reply
English
English (UK)
English (IN)
Deutsch
Français
Español
Italiano
Polski
Türkçe
Русский
Português
Bahasa Indonesia
Bahasa Melayu
ภาษาไทย
Tiếng Việt
日本語
한국어
简体中文
繁體中文
Home Stock Screener Forex Signal Finder Cryptocurrency Signal Finder Economic Calendar How It Works Chart Features House Rules Moderators Website & Broker Solutions Widgets Stock Charting Library Feature Request Blog & News FAQ Help & Wiki Twitter
Profile Profile Settings Account and Billing My Support Tickets Contact Support Ideas Published Followers Following Private Messages Chat Sign Out