redtrapltr
Short

Overall bearish, could climb back up to the 10100 level

BITSTAMP:BTCUSD   Bitcoin / U.S. Dollar
I have found similiraties between the fall we had yesterday and today, there are two downtrend lines (in red) and I expect BTC to hit the trend line in red before starting to decline in price and then a huge fall to the 9300 support.

For now, our wave riding systems suggests that we are going to a period where there isnt to much volatility . Then in the next 36 hours we should see another fall.


Overall trend is bearish in this bearish triangle formation


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Order cancelled: Please THE INDICATOR TURN TO LONG

Comments

IT Turned to long !!"no more bearishness
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