orminlange

What was played, and what was not fulfiled here.

orminlange Updated   
BITSTAMP:BTCUSD   Bitcoin
Sometimes formations are 100% fulfiled, sometimes not. Mr Market is so unpredictable huh. Sometimes good feeling is better than analysis.

And now what is played? Some bullish upmove but limited until 10000-10500 holds.
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Even that 10000 is too much for this bearish market. Formations not fulfiled (maybe partially 60%).


So called "Gamboni play"
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and old blue dotted logarithmic trendline acts here as resistance:


This market is so primitive. Second "Forex casino". What is the best method You probably ask? Longterm is the answer - not intraday.
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For good longterm accumulation idea please go here:

 
In case of another one dump You have chance to collect free coins, at limited risk. Bounces @XEMUSD or XEMJPY must occur if it dumps.
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