Time to Sell BTC? HODL on!

There is always more than one opinion on every chart. In the case of this room there are probably 50 opinions. Looking at the daily chart the negatives are...we have price that needs to break the 100 day MA, Ichimoku Cloud overhead and trend-line resistance from the ATH to the second point (Bittrex high of 17,178.00) and if drawn properly you will see yesterdays close (11,140.00) above the trend-line. Today's tiny little price range so far has traded the entire day above the trend-line. What almost always happens when trend-line s/r is broken? 90% of the time it will test the trend-line for support. Expect price to test the trend-line approximately in the 10,663 area. TDI looks very strong with plenty of room to run, nowhere near being oversold, plus we haven't even come close to the 100 MA. Personally I'm holding thru this small correction.

Kommentar:

This Chart came from Coinbase, I have another chart from BitStamp, totally different highs and lows. It's no wonder TA done from different exchanges varies from one chartist to another. Study this chart, my assumption of the trend line is correct, however when I chart the daily on Bitstamp chart it shows the trendline differently. For our purpose, Coinbase is the chart we went by. Crazy coins huh?
It will be a good day once we all arrive at the same highs and lows from one data center.