Low_Pro

Low_Pro

Now with less bearish alternatives. Short down from 490 to 435. Long from 435 to 455/460. Wait to short @ 455 till confirm. Heavy Resistance at the 460 Fall Point and the .50 Fib

Low_Pro

Short down from 490 to 435. Long from 435 to 455/460. Wait to short @ 455 till confirm. Heavy Resistance at the 460 Fall Point and the .50 Fib

Low_Pro

Could double bottom.... Could keep on going to the lower 400s... We'll see. Stay tuned.

Low_Pro

Things of note on the possibility of a bearish break. 1. the asks are thick. 2.the news is still in play. 3. china is currently asleep which makes for a thin huobi orderbook. 4. It is friday... On the bullish side. 1. We dropped down quite low yesterday, and many are still hopeful/bullish. 2. we've still got rising support from being in a long term bull trend....

Low_Pro

I was long when we hit $550... Why not, its the mid term support line and we just had a significant 3 day drop to it... time for the bulls to come out and play right? Wrong... No buyers... Nothing... zip.... A pathetic response from the bulls.. We're not even CLOSE to the short term line let alone the mid term... I looks like we have a double...

Low_Pro

I was long when we hit $550... Why not, its the mid term support line and we just had a significant 3 day drop to it... time for the bulls to come out and play right? Wrong... No buyers... Nothing... zip.... A pathetic response from the bulls.. We're not even CLOSE to the short term line let alone the mid term... I looks like we have a double...

Low_Pro

Looks like it could go either way, but Long term trend is bullish, and with Support rising up to meet the current price and resistance i'm going to throw my hat in with the Bulls. Negative media attention and MT.GOX has slowed things down, however I don't think they have the impact to threaten the long term trend with such a low market cap.

Low_Pro

Looks like it could go either way, but Long term trend is bullish, and with Support rising up to meet the current price and resistance i'm going to throw my hat in with the Bulls. Negative media attention and MT.GOX has slowed things down, however I don't think they have the impact to threaten the long term trend with such a low market cap.