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bordev
Dec 14, 2015 6:49 PM

All time high trendline rejected twice, drop to 370ish incoming Short

Bitcoin / U.S. dollarBitstamp

Description

All time high trendline rejected twice. IF some bad news comes out (maybe about XT extensions?) there's no more bulls and a drop to 370ish is probable.
Comments
nameisthedugan
How about a failure of the Fed to hike as a catalyst?
Tulsene
It's trading analysis you did, it's just put a line and hope to scare peoples :x
Tulsene
it's not*
bordev
it's just an idea, I'm sorry it scares you
Tulsene
I'm not scare at all, support is strong, there is an high demand, why should I fear of anything? we will see in the next few day. My guess? Figure it out
bordev
I hope you're right, I'm not shorting this btw
bordev
looks double toppish, I'll short this when it breaks more down...
Corben
what is the "All time high trendline" ?? you just connected two high points on the chart - that is without any meaning
bordev
yes that line, call it whatever you like
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