BryceWH

PENDING SHORT BTC

MTGOX:BTCUSD   Bitcoin
0
Long term upward channel in blue. You can see the most recent bounce off the inner ascending channel in pink.

Lack of direction within that drawn box.

Any close on a 4 hour chart below $1000 AND outside the blue channel and i would go short

Initial target would be 840

Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.