Decrypt0

BTC - Simplified Bull vs. Bear

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BITSTAMP:BTCUSD   Bitcoin
Current structure, outlook and what i think will happen short term depending on how price reacts.
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:) following good
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Inside retracement area = target 8367 or if worse = 7378
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Current candle might signal a end of this dump.
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seem i was right for now at least
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9.5->10,5 we need to see how daily candle closes though
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Supply is clearly Herting absorbed. I think we will see a good weekly candle !
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*Clearly GETTING absorbed^
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We are up nearly 40% simply based of this chart with leverage :-)
Short Resistance -> Long support
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MASSIVE HS 1D might happen !! Careful target mid to low 7k
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I think we are likely to see further correction based of this chart.
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Letting the chart guide me ! More lows incoming.
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