Acwood

Back to the old Downtrend Resistance Line - DANG What Now?

BITFINEX:BTCUSD   Bitcoin / U.S. Dollar
So we are now comfortable below the 50,100 and 200 day moving averages RSI is dropping it seems. There is still low volume but the last time we touched this line The volume went ballistic.

So Down or Up?

Peace and prosperity 2U
The last time we had double bottom, it went down, Then it went up,
So i am going with Down
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Acwood diamondeye966
@diamondeye966, Yeah maybe some sideways indecisions before a clean breakthrough but I am banking lower also.
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@Acwood, Yeah sideways as always :)
It gives us time to make a decision and then either 4%-8% profit or loss,
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Acwood diamondeye966
@diamondeye966, yep yep
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