AdrianZieniewicz

BTCUSD - on an S curve - updated

BITSTAMP:BTCUSD   Bitcoin / U.S. Dollar
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The current daily candlestick looks quite ugly but judging by today's worldwide focus on Bitcoin we may still avoid a correction. Many exchanges were down because of massive buying mania. But once the buyers lost the momentum the market created a good opportunity to short.

Nasdaq announced it wants to introduce futures too and the future of btc still looks bright . Keep an eye on the trendline .
Nov 29
Comment: Keep in mind that the MACD is unfavorable and RSI is oversold so this is not really a good place to open a position - just a suggestion that hodlers can sleep without worries.
The asian markets are still sleeping. When they wake up and see this. Its game over.
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AdrianZieniewicz Arvin_Darred
@Arvin_Darred, something to consider for sure. Shorting is an option.
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