Bearahead

Daily candle analysis

Short
BITSTAMP:BTCUSD   Bitcoin
Today (2017-08-26) a doji again. The good news is that the possible (small) bearish reversal pattern failed. Nothing has changed since yesterday. I would recommend to be extremely carefull so close to the ATH. Stay short and go in if the resistance at 4480$ is broken. If that happens the next resistance is around 4730$. If the attempt to break the resistance fails i believe we go down around 3900$. Its your choice compare the possible losses to the possible gains. The bulls have been weak the last days, bears too. Thats what the new doji tells.

Wish you all good trades.
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