Stugazi

Potential channel?

Long
Stugazi Updated   
BITSTAMP:BTCUSD   Bitcoin
5
Boring is good.

Let's see if we set up a new channel for Bitcoin.
Comment:
We broke above the channel. The top of channel was the previous support line. Will it hold now?
Comment:
Accounting for $100 swings we are above trend. Pattern still valid.

Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.