MaryJane

Little shortterm Flag?

BITSTAMP:BTCUSD   Bitcoin / Dollar
394 0 29
We stick to THE PIVOT RESISTANCE LEVEl @ 680$!
Here i exspect a decision. The Level is correspronding to the upper edge of the shortterm flags Body. Above that Level, a spike to 705$ could appear - the illustrated triangle would be active.
Flag TP: 693$
Wedge TP:700$
Triangle TP: 740$

Prices below the flags bottom edge will generate a shortterm TP@ 670$/650$ /640$--> 610$
Prices above 705$ ~ strong buy signal

Former Analysis


Present supports and resists -
My former analysis are still valid
Comment: reached TPs 670$/660$/650$
Comment: The RSi signs a chance for a little rebound..but i don`t think it is sustaiable.. in my chart i have illustrated some action points
snapshot
Comment: maintrend is still intact..still! i don`t belive in new Highs!
snapshot
the next time....
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