The commonly used indicators have been peaking and the breakdown now seems to be confirmed (price is back in the old triangle and it also pierced an important-looking level around 428 which now seems to serve as an upper limit).
So, it looks like a good idea to get short (if not already), cover around 400 (triangle) and load up around 372 (an important-looking level) depending on your longer term views (but I think it's time for some real upside moves and the "excuse" is conveniently there with the scheduled mining reward change).
So, it looks like a good idea to get short (if not already), cover around 400 (triangle) and load up around 372 (an important-looking level) depending on your longer term views (but I think it's time for some real upside moves and the "excuse" is conveniently there with the scheduled mining reward change).
