Author

Topic: The highs are going down (Read 957 times)

full member
Activity: 181
Merit: 100
August 19, 2014, 05:02:29 PM
#4
If I send you a chart of my girlfriends mood-swings these last couple weeks can you tell me what to expect for next week?  Smiley
legendary
Activity: 1722
Merit: 1000
August 19, 2014, 04:41:01 PM
#3
Hit $486.
member
Activity: 70
Merit: 10
August 19, 2014, 11:22:18 AM
#2
Quote
So, the resistance is going at a lower price day after day, but the sellers are running out of fuel too.
For somebody that is going short this is great.

Agreed.

Quote
When the pressure ceases we'll see some sort of a rally that it can go to 700-800 USD.

Nooo!!! Cut your loose before it's too late!
full member
Activity: 208
Merit: 100
August 19, 2014, 11:18:20 AM
#1
So this is my analysis of the upcoming week.




Zoomed Chart


So, the resistance is going at a lower price day after day, but the sellers are running out of fuel too.
For somebody that is going short this is great.

When the pressure ceases we'll see some sort of a rally that it can go to 700-800 USD.
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