BitHermes
Short

Short-term short on bitcoin

MTGOX:BTCUSD   Bitcoin / U.S. Dollar
83 4 1
A retracement may be due after the recent rally, with a break of 23.6%. A stronger retracement is not guaranteed though.
Invert the Fibonacci and we are going to 160$, then 190$.
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BitHermes Spekulatius
I agree the longer term trend is up. This ratings thing is also helping a lot!
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BitHermes Spekulatius
You can see my view from 5 days ago in the comment section of
Fibonacci alert
.. it was long
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BitHermes Spekulatius
You are right.. it was a pure r/reward play.
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