Diabolicus
Long

Correction of Downtrend

MTGOX:BTCUSD   Bitcoin / U.S. Dollar
375 0 4
With 4hr MACD crossing imminent, there is the possibility of more upward movement today.
However make no mistake, since deposits in China are still broken this probably won't go anywhere as high as plotted out here, this is just my most optimistic scenario. As soon as this intermediate uptrend weakens I believe we will see new lower lows (<400 would not suprise me).
Ideas Scripts Chart
United States
United Kingdom
India
España
Italia
Brasil
Россия
Türkiye
日本
한국
Home Stock Screener Economic Calendar How It Works Chart Features House Rules Moderators For the WEB Widgets Stock Charting Library Priority Support Feature Request Blog & News FAQ Help & Wiki Twitter
Private Messages Chat Ideas Published Followers Following Priority Support Public Profile Profile Settings Billing Sign Out