sumastardon
Long

BITCOIN: BTCUSD New parallel forming- positive whilst above it

BITSTAMP:BTCUSD   Bitcoin / U.S. Dollar
Bitcoin: Now forming a new better, cleaner pair pair of parallels and whilst above here medium term is positive - nearer term resistance above and needs to retest parallel one more time probably...but remains good whilst above that line
Comment: For avoidance of doubt that means the newly formed rising parallel which should be slowly eating away at the power (gravitational pull/equivalent) of the larger and until now dominant falling parallel - which has been bossing this move from the outset.
Kind of Highlander meets Darth Vader ish transference of force - put it that way
Obvious bear flag.
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