Itchy_Craphole

Itchy_Craphole's chart

BITSTAMP:BTCUSD   Bitcoin
As many of us have noticed a very large pennant has been forming and coming to a close.

Also, the long term bollingers are pinching up nicely!

I dare be specific enough to say that mid june might be the breakout/turning point. If this trend does in fact reverse, this is where the big play is made.

Same is to be said to the breakdown.

If we fall downwards I will short hard, watch for that sweet hard double bottom sell off and hope for a healthy bounce upward. Otherwise, Ill continue with the trend.

-Itchy_Craphole
Penafian

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