LeMogwai
Short

Descending Channel still in play

BITSTAMP:BTCUSD   Bitcoin / Dollar
659 7 17
The price is still in a descending channel , still targetting 560 if the uptrend line hold. Expecting a bounce to retest the 590- 600 area.
nice.
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I m doubting about the green arrow, forget about it :)
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Totally agree.... ADX is completely negative. The bear power has only started to kick in, we're at 24 ADX atm - average is around 40 once sell off of this scale completes
Stamp is looking mighty bearish


Love you're grape implementation btw. It's making me money - Thanks very much!!!
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MrJozza SunnyBTC
WOOOAH there! Grape is mine! Mogwai is Grib :P
+1 Reply
LeMogwai MrJozza
That's right, all credit goes to you, thanks again dude :)
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:p why not trust yourself
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damn... good call...
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