ivogruev

Confirmation needed

BTCE:BTCUSD   Bitcoin / U.S. Dollar
121 2 1
All reversals hide risks. Even we got the first bullish signals last night we need more confirmations. Before a clear break out at 426 I will keep a neutral stance. Such break out will be a strong confirmation for the bullish scenario. Till the price is below this level I will be ready for a bearish alternative too. It will be confirmed with a break down below 413$.
so we reached 409$ on bitfinex? just before i sold my damn coins at 422. FML, do you have any suggestion that doesnt involve singing the shotgun song of kurt cobain?
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ivogruev zeratul600
The situation is not critical even the lowest low. For now there is no selling pressure and the small volume still shows some accumulation ocuring. The problem is that a sell off can come by surprise. I am not selling for the moment and will wait for the next few hours.
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