Bulls need to bid above the resistance line to invalidate this target. If we continue to breakdown, target is 550. @ibankbitcoins
http://ibankbitcoins.com/sites/default/files/resize/users/user1/2014-06-24_chart-947x661.jpg
We have been wipe sawing for the past few hours. Above resistance is definitely bullish which is a breakout from a double bottom. Below resistance is consolidation, neutral to slightly bearish.
http://i.imgur.com/vjp9vj3.jpg