cdlsrm

cdlsrm

Looks like we may test how much juice bulls have, but we need to break 282$ first. If so 292$ should be first resistance level. If we continue to chop it may lead to another leg down.

cdlsrm

BTC-e showed us the way. New lower low to come, and a wave V completion.

cdlsrm

282 to 290$ should be pretty good short opportunities.

cdlsrm

I wonder if this is the bottom or are we heading straight to 3.5$ per LTC.

cdlsrm

If it does, we may perform a bulltrap and create ugly HnS. I'm not touching that with a 20 foot pole and a 40 foot extension.

cdlsrm

Soon next leg down

cdlsrm

... yesterday. But today i'm not so optimistic anymore. I have seen so many falls from 300 this year that I think we will be very lucky if we make that wave 5.

cdlsrm

Short bits everyday

cdlsrm

This looks like a pretty good short opportunity

cdlsrm

Even tho I was milking that wick to 350$ I fail to acknowledge it. Especially if it wasn’t confirmed on other exchanges. We should be going into a retracement soon, since our Wave III looks completed and our next goal should be between 320-350$. There is also a possibility that bitcoin will from a Head and Shoulders pattern like it does quite often on 300$ levels.

cdlsrm

It was nice knowing you, your profits will always be in my memory. RIP.

cdlsrm

If this HnS comes true, we are probably going to do a 100% retrace.

cdlsrm

How to remove doubled idea?

cdlsrm

Looks like we have just completed minor wave III in major wave III. Currently in a retracement heading to 261-255$ finex, which should be great long opportunity. Our next goal and wave V (minor) wave III complete (major) should be 290-292$.

cdlsrm

Come back any time.

cdlsrm

For me it looks like extended wave III instead of finishing wave V. This means our goal is 278$.

cdlsrm

Possible Head and Shoulders in making

cdlsrm

If we break that little triangle up that may be really bulish.