Post
Topic
Board Speculation
18 Jan - On the edge of a bearish breakout
by
spndr7
on 18/01/2014, 01:17:43 UTC
Yesterday’s Result

Bearish movement seems like to have begun,market can fall down to 704 level, in next 7 days from now.

Yesterday USD/BTC went to 783 level (resistance level predicted on 13 Jan 2014 post)

Today’s Signal

812 to 817 resistance band is crucial for today.If this market stays below this band for next 4 hrs,then further downfall is possible.This time, 783 support level may not work.



Yes,  I see $690
And $630 being key levels next month
Current $ 803 call me crazy

There is a chance of fall between 20 Jan to 2 Feb 2014, if market goes below 725 to 653 band in this period.This fall may bring USD/BTC down to 275 level.