Bonavest

Temporary UP Swing Before New Lows

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BITFINEX:BTCUSD   Bitcoin
The timing was down right perfect for this break out of our sideways... would have preferred it go DOWN, but either way we are seeing a small attempt at some upside which should last a day and a half or less depending on the strength of the Bulls.

Revised the Time Ranges and some directional arrows for price movements.

I am still holding a SHORT position through this upside... yeah I'm that guy who shorted the bottom. :(

*UPDATE: I got a bit over eager and posted this idea a bit too soon. My fault for staring at a 5 minute chart to be able to see any kind of price movement and I got so excited to see a HUGE candle sticking out... and it was only a $2 move. LOL

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