Post
Topic
Board Speculation
Re: PnF TA
by
klee
on 13/06/2016, 16:43:10 UTC
Whats the interpretation of them? Do you see the price dripping to meet the green support lines?
My interpretation is that BTC has 1 or max 2 weeks to break above 4800cny again (could happen of course), so this was a small pullback only.

First very strong support is 575 area, then 540-550, then 475-520.

I made more detailed analysis for my members which I would not like to say here public.

Point is it has to recover fast for 2 reasons (pretty obvious ones but will not disclose them).