UPDATE II: OKCoin.com downtime obv. delayed the move down, but also did at some momentum. So, we might be just in time...
UPDATE: entered anticipated dumpage area. However, with OKC offline a proper move down is more than questionable. Hopefully they fix that issue soonish..
This is a more detailed view (4h) on the idea published earlier and linked below. Bitcoin most likely gonna be testing the target level of 1440CNY by tomorrow somewhen between 8:00 and 16:00 CET. In case of a breakdown further price decrease will unfold. All fundamentals point down.
UPDATE: entered anticipated dumpage area. However, with OKC offline a proper move down is more than questionable. Hopefully they fix that issue soonish..
This is a more detailed view (4h) on the idea published earlier and linked below. Bitcoin most likely gonna be testing the target level of 1440CNY by tomorrow somewhen between 8:00 and 16:00 CET. In case of a breakdown further price decrease will unfold. All fundamentals point down.