Here is the text of the forecast: "July 22, 2014 Sell signal setting up ONLY IF Bitcoin drops under 607. Bitcoin failed to rally to the upside target and therefore implies some weakness in the market. The stop is placed above the previous weekly high at 633. Tim" (Time @ Mode Methodology)"
BTCUSD was holding steady and not declining and wtih today's action seems to bring this forecast back to life. Downside targets are still outstanding. Stop losses can be placed at the high of this week around the $590 level after entries on the short side under $607.
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