ibankbitcoins

Bitcoin at support from previous trendline 10-23-2014

Short
HUOBI:BTCCNY   None
From a technical analysis point of view, we stopped right at the previous red support I drew a while back. In addition, previous pullback was also around this area. I think we will chop around this area before continuing. Trend is down so I say we go lower, but I will be on my toes in the case we reverse.

Do you guys prefer I do short updates from time to time or a market summary once a day? Let me know what you think

I do live trades and bitcoin market analysis daily. Follow me on my bitcoin trading blog and twitter: ibankbitcoins.com, www.twitter.com/ibankbitcoins
Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.