|
Title: [2016-04-14]Bitcoin Price Watch; Here are Today’s Entries… Post by: Blawpaw on April 14, 2016, 07:29:01 PM Bitcoin Price Watch; Here are Today’s Entries…
Yesterday, as a result of overnight trading on Tuesday, a double top gave us a medium term bearish bias in the bitcoin price. The pattern completed mid afternoon, and we were able to enter short according to the pattern’s traditional rules on a neck breaking. Post-entry, price initially moved in the direction we’d expected, before correcting a little to the upside and consolidating somewhat throughout Wednesday evening. This is not unexpected, and the bearish trade we entered on the pattern yesterday remains valid. On the short term timeframes, at least... read more (http://www.newsbtc.com/2016/04/14/bitcoin-price-watch-todays-entries/) |