Author

Topic: BTC/USD Short term outlook (Read 428 times)

legendary
Activity: 966
Merit: 1000
April 14, 2015, 06:41:57 AM
#2


Intraday trend-Bearish

  • BTC/USD has broken short term support $227 and decline till $ term trend is weak as long as resistance $235 holds.
  • On downside major support is around $220 and any break below could pave way for next target $213/$208.
  • The pair's minor resistance is around $235 and break above would extend gains till $245/$259.

Indicators (4 Hour chart)

Woodies CCI(14)- Sell

Recommendation: Sell BTC/USD around $225 SL $235, Targets $213/$208.
Newbie posting analysys in newbie section...any reason why we should trust this and follow it? So you could profit?
newbie
Activity: 49
Merit: 0
April 14, 2015, 01:39:02 AM
#1
http://www.fxwirepro.com/data/charts/R1(USDJPY).png.png

Intraday trend-Bearish

  • BTC/USD has broken short term support $227 and decline till $ term trend is weak as long as resistance $235 holds.
  • On downside major support is around $220 and any break below could pave way for next target $213/$208.
  • The pair's minor resistance is around $235 and break above would extend gains till $245/$259.

Indicators (4 Hour chart)

Woodies CCI(14)- Sell

Recommendation: Sell BTC/USD around $225 SL $235, Targets $213/$208.
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