ChrisManahan
Short

BTC down another leg to 8650

BITSTAMP:BTCUSD   Bitcoin / U.S. Dollar
The DMI indicator shows that we are still in a bearish trend .

The MACD indicator did indicate a trend reversal about a day ago, but it seems to be crossing over again. I think this signal, along with the DMI indicator show that we will fall through the current support and see at least one more leg down to 8650.

This is my first published TA and would love to hear feedback from more experienced traders
I like it!
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this is good , so so good if you were to be correct , if it corrects till 10 k it will have a very good rise up but if it corrects even further down , wow we are in for a good one by new year , they are leaving it all for new year's eve :o)
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