Hijjawi

(Speculative) based on the trend lines..

Short
Hijjawi Updated   
BITSTAMP:BTCUSD   Bitcoin
The pull back is in favor to the bears and the pull back to the 6500 range is plausible.. would the December 15 be the day we hit bottom and start the upper trend
Comment:
6500 is the support line historically speaking..
Comment:
BTC failed to break thru the upper trend (purple) and now will be forced since bulls are not coming in
Comment:
3 out of the three indicators are showing that there is a decline in bulls and sellers are coming in..
Comment:
Your opinion guys are welcome.. share your thoughts
Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.