DrewR

A little ride up before a continuation of a downtrend?

MTGOX:BTCUSD   Bitcoin / Dollar
756 2 5
Although we are in a current downtrend channel (and reaching the tipping point might I add), Parabolic SAR , Stoch , RSI , and MACD are all saying we are going to have a little ride up on the price.

Nonetheless, get ready, it's about to be bumpy one way or the other.
Hi, nice work but would tell your target price on daily chart based on your view?
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might be, tough call though. There is MACD divergence in this downtrend
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