BTCE:BTCUSD Bitcoin / Dollar
Buys and stops are set. Going up to $251 tonight. Launch in about 3-4 hours. Then we retract to 50%, then to 62%, then kick back up to 25% before the next movement.
We broke the daily cloud, never entered the side of an inverted daily cloud. This is new territory. Here is the bigger picture. We're approaching the point of breaking the 2 year downtrend. If we are going to do it, we will do it within the next 4-5 days, otherwise expect to be shorting for a few weeks while we follow the downward trend again.