SELL bitcoin (and NEO) short term

touched downtrend + 50dma on 4h, bearish reversel candles. Will be confirmed if 1 candle closes red & below 200dma on the daily.

NEObtc hit a resistance too + another bearish candle.

Big buy volume came in when bitcoin reached $6000 so it might not make a lower low. If it does, next target is $5500 and alts will go lower too

Yorum:

Correction: the candles retraced a bit to to upside. Bitstamp and Bitfinex even went green and didn't make a bearish candle. Looking not that bad yet i might be wrong and it might break the downtrend (white line).

I was a bit too fast with uploading charts and didn't wait for the last minutes the candles needed to close