kumarz

4mar2015: long BTC for now

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BITFINEX:BTCUSD   Bitcoin
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ok so that decline from 290s(3mar2015) was a clear 5-wave impulse. So now even if the rise from 5mar2015(260s) to 285 was corrective, we should have another wave up. The trendline(green) hasn't been broken yet, so here's hoping ;-)
Per my longer term view  , I am expecting a breakout/controlled rise as opposed to a resumption of the downtrend, so I think we're at key levels at the moment: therefore if the rise from 5mar2015(260s) to 285 was corrective, I'm fucked :D
Anyhoo, I've been long since 285, part weeklies and part quarterlies. Following ibankbitcoins.com/ who closed his long and then went long again.
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