Bitcoin
Short

BTC bitcoin WARNING! Short.

Updated
We have some reason to believe bitcoin will fall in the next few days.
1. Probable formation of head and sholders.
2- Low bull power.
3 - High support line has been broken.
4- RSI indicator on the daily chart is almost record in recent days.
Trade active
Also we have a difference of 1000 dollars (6%) between the exchangers Bitfinex, Poloniex and Bittrex.
Note
Português version:
1- Provavel formação de ombro cabeça ombro.
2- Baixa força compradora.
3- LTA quebrada.
4- Indicador RSI com valores muito altos no gráfico diário.
5- Diferença de mais de 1000 dólares (6%) no preço do bitcoin entre bitfinex, poloniex e bittrex.
Note
Touch support line
Note
Near support line and UP. Low buy volume.
Trade active
Price moving up, but the buy volume continues low, indicate the fall continues.
Note
snapshot
Trade active
(see image attached)
The high volume red towers confirms high sell volume.
We have a try to break the main upline, but not sucess full, because low buy power.
Now a new upline has break.. But careful, now we are in decision zone while price betweel 17000~16150.
A new fall channel beggin created, look the new down lines.
Trade active
We dont have a new break line yet.
Note
Becareful. Entered in indecision zone. 1700~16150.
Trade active
One more attempt to break support.
Trade closed: stop reached
BTC breaked the main upline,the short analytic has been end.
Chart PatternsHead and Shoulders

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