nacmonad

btc embarking for new stab at ath

Long
nacmonad Updated   
BITSTAMP:BTCUSD   Bitcoin
watching how the selling <$4000 kept on getting absorbed for the last 3 days, the corn is looking like its had a small accumulation phase and is ready for another stab at ath

watching the previous general resistance areas for possible swings
Comment:
i should draw fib extension on much higher timeframe for new high projections so i can be like goldman sachs....
Comment:
ruh roh!
Comment:
held through the dip and managed to make some plays in the interim....

am extremely weary at this level, there isnt enough volume to get past $4460 yet

if this fails -- it iwll look bad for BTC at least for a couple weeks
Comment:
glad i got out >$4400

this rejection, at THIS level, (new attempt at ATH) is extremely bearish

im not touching this for a week or two
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