Mennzz

Daily | BTCUSD Long-Term Static Shock For Bears - Jan 27, 2014

Long
MTGOX:BTCUSD   Bitcoin
3
Being near a major support fib line, we may be seeing a huge bullish month up to the heavy resistance trendline at 2300. I expect it to rally from a starting point at around the 780.00 mark, continuing up sharply with steady gains and minor retracements. It's just a theory, but stay cautious. Have fun and tread carefully! ;D
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.