MATHR3E

$BTC *erratum* Aug/14 #Sequential

BITSTAMP:BTCUSD   Bitcoin / U.S. Dollar
Hi there,

My apologies for Wednesday analysis: It was published with a test version of my Sequential indicator and the countdown was wrong.
The correct version of the indicator is still on a bar 11 of the bullish trend so I might have turned bearish quite prematurely.

However, we have price flipped on this week and a sell signal is still possible on next week (Red 2 below Red 1 low).
This could confirm a touch of the previous TDST resistance Line which could turn as a support before price continuing higher.

I will post soon a monthly chart analysis where we can see the bullish trend is not over.
For the moment I remain neutral. We could see a broader consolidation pattern of this year's bullish movement

MATHR3E

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