abstrusegoose

"My First Published Chart"

BITSTAMP:BTCUSD   Bitcoin
1
Just figured I might as well publish something, get the critiques of more experienced traders :) We crossed above the TS now and are approaching the triple whammy of resistance with the KS + trendline + cloud. Short term trendline suggests we might go up, which agrees with the good news out of the Chinese exchanges recently, but longer term suggests we subsequently go down, which agrees with the prediction of bad news coming in the region of 9th-10th alongside the summit in Beijing.
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