wightsparky
Short

Support/Resitance Test of 61.8%

MTGOX:BTCUSD   Bitcoin / U.S. Dollar
145 0 0
A week long Support/Resistance test of $105.14, 61.8% (50-166). I really do not know which way this will go even with a 4k+ bid wall at 105. What i am expecting is a few candles clearly above the line before a move down to check support. At which point there maybe a bounce and breakout or a gradual breakdown.
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