BTC/USD Short term outlook

[yellowpage09]

http://www.fxwirepro.com/data/charts/R1(USDJPY).png.png

Intraday trend-Bearish

• BTC/USD has broken short term support $227 and decline till $ term trend is weak as long as resistance $235 holds.
• On downside major support is around $220 and any break below could pave way for next target $213/$208.
• The pair's minor resistance is around $235 and break above would extend gains till $245/$259.

Indicators (4 Hour chart)

Woodies CCI(14)- Sell

Recommendation: Sell BTC/USD around $225 SL $235, Targets $213/$208.

[SirChiko]

Intraday trend-Bearish

• BTC/USD has broken short term support $227 and decline till $ term trend is weak as long as resistance $235 holds.
• On downside major support is around $220 and any break below could pave way for next target $213/$208.
• The pair's minor resistance is around $235 and break above would extend gains till $245/$259.

Indicators (4 Hour chart)

Woodies CCI(14)- Sell

Recommendation: Sell BTC/USD around $225 SL $235, Targets $213/$208.

Newbie posting analysys in newbie section...any reason why we should trust this and follow it? So you could profit?