Sr.Botones

Possible Double-Bottom signal (bull-signal)

MTGOX:BTCUSD   Bitcoin / U.S. Dollar
125 0 1
We need to pay attention now to this.

There is no volume that support the previous $50 dump, taking other 50 dollar dump examples and I stronglly recommend to start open long-term positions if we reach $215 line.

If we take a look in the past we can see the same figure but with a small size 6/07/2013, when the trend had changed from bearish to bullish an between trends appears a double bottom.

This is just an observation.

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