FroggyFX

BTCUSD - Decision may come earlier than expected!

BITSTAMP:BTCUSD   Bitcoin
BTCUSD

The intraday Support around $37,200, which has now turned Resistance, may usher in the appropriate direction, just as the shaded triangle on the chart has transmogrified into a money spinner since this was published...

While we watch & wait for the intermittent decision at this Resistance, we've covered some of our shorts around $36,500 (just before the initial Target area of $36,200 to approximately $34,500) and made some really good profits!

Incidentally, this is the same place where we discussed the possibility of a rebound in this piece below -

Always do your own DD!!!

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