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mumbojam

Fib Channels General Guidelines

Bitcoin (BITSTAMP:BTCUSD)  
mumbojam Updated   
BITSTAMP:BTCUSD   Bitcoin
Harmonic Patterns Chart Patterns Fibonacci fibonnaci bounce Parallel Channel support Support and Resistance BTC BTCUSD
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harmonicpatterns chartpattern fibonacci fibonnaci bounce parallelchannel support supportandresistance btc btcusd
Using the fib Channels and original uptrend Fib retracement we can get a general sense of when the bounce will happen.

Keep a close eye on volume as we have not had any big spikes.
Also in other news there seems to be more positive talk about bitcoin.

Comment:
Selling volume has been declining I think we can possibly prepare for a bullish move.
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