It is now looking more and more likely that Bitcoin ( BTCUSD ) is headed towards $16,000 - $16,500 on the next bearish move.
Because MACD and RSI broke support. It will start down more and more. And a fews bad news.
MT. Gox is coming to the time of compensation. It will push BTC and Cryptocurrency down.
Now we are looking at Bitcoin in chart Daily and we can see prices moving below EMA10...
MACD go down more.
Since XABCD Pattern ($18500) has already been tested, as I mentioned before, the next support to be challenged right below it is XABCD Pattern $16,000 - $16,500
We can also see bearish divergence with both the MACD and RSI, XABCD Patter. It is demonstrates the ability to clearly retest support.
Then it have bull back again. But we have to claim. Join market when have a The signal increased clearly.
Glorali.
Because MACD and RSI broke support. It will start down more and more. And a fews bad news.
MT. Gox is coming to the time of compensation. It will push BTC and Cryptocurrency down.
Now we are looking at Bitcoin in chart Daily and we can see prices moving below EMA10...
MACD go down more.
Since XABCD Pattern ($18500) has already been tested, as I mentioned before, the next support to be challenged right below it is XABCD Pattern $16,000 - $16,500
We can also see bearish divergence with both the MACD and RSI, XABCD Patter. It is demonstrates the ability to clearly retest support.
Then it have bull back again. But we have to claim. Join market when have a The signal increased clearly.
Glorali.