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Tag: crash

Short Term Update: crash below 7 days VWAP

On January 5, 2017January 5, 2017 By CryptoAdvisorIn Short Term Trading1 Comment
eng
XBTUSD H1 chart @bitstamp

XBTUSD crashed below a very short term VWAP, the last support is at 855 usd and at 841 usd there is also the 2 months VWAP, i expect some buyer to show up there.

Below the 850$ price zone there is 720$ in case of an epic fall fueled by margin call selling.

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This is my blog where i follow the Btc/Usd cross ratio traded at different bitcoin exchanges. Enjoy and please be always diligent when putting at risk your OWN money, respect take profits and stop loss to avoid huge losses or missed gains.

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Investments in financial products are subject to market risk. Some financial products, such the bitstamp currency exchange, are highly speculative and any investment should only be done with risk capital. Prices rise and fall and past performance is no assurance of future performance.
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